Social security deductions 430 is what it means ah

Parents, hello, according to your question to provide you with the following answers, for reference only: social security insurance 430 is the social security individual to pay 430 dollars. Individuals deducted 430 dollars a month social security is the lowest grade, that is, the third grade. According to the provisions of the urban flexible employment personnel to participate in the basic pension insurance contribution base, according to the province's urban non-private units in the average monthly salary of on-the-job workers in 60% and 100% of the two grades to determine the contribution ratio of 20%, of which 8% is credited to the personal account; corresponding to the pension insurance contribution standard of 430 yuan / month and 766 yuan / month, an increase of 25 yuan over the current standard. Flexible employment can choose their own economic conditions of the pension insurance contribution level, for some private owners, you can choose to pay in accordance with the high grade, the more you pay the more you get.