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What is the base of Wuxi social security payment in 2023?
The reason why the social insurance premium is raised every year is because the upper and lower limits of the payment base are different every year. In 2023, the minimum payment base of social security is 4250 yuan, and the maximum payment base is 2 182 1 yuan. Each employer needs to report the employee's salary base when handling the social security increase procedure, so as to calculate the actual social security expenses. If the self-reported salary base is within the upper and lower limits of the social security payment base, then the expenses will be calculated according to the actual salary base.
For example, according to the minimum payment base of 4250 yuan, then according to the latest provisions of Wuxi social security employee payment standard, the employer needs to bear 1075.25 yuan, and the individual employee needs to bear 446.25 yuan. If the payment base is high, the social security expenses to be borne each month will also increase in proportion.
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