Wuxi employee social security payment standard

The social security payment standards for employees in Wuxi are divided into four types: basic old-age insurance, basic medical insurance, unemployment insurance and industrial injury insurance. Specific standards vary according to employees' salaries.

According to Wuxi Social Insurance Regulations, Wuxi implements a social insurance system for employees, including basic old-age insurance, basic medical insurance, unemployment insurance and industrial injury insurance. Among them, the employee social security payment standard is determined according to the employee's salary income and specific conditions. Take the basic old-age insurance as an example. The contribution rate in Wuxi is 8% for individual employees and 20% for units. On this basis, for employees whose wages are lower than or equal to the local minimum wage standard, their payment base is determined according to the local minimum wage standard. For employees whose wages are higher than the local minimum wage standard, their wages shall be calculated according to the "upper limit" and "lower limit" stipulated by the state, and the payment base shall be determined. The other three types of social insurance have similar payment regulations, but the specific standards will be adjusted according to different regions and the income level of employees.

What are the influencing factors of social security payment? The factors that affect the social security payment standard mainly include the wage income of employees, the minimum wage standard in the region, national policies and regulations, etc. In addition, for some special groups (such as the disabled, one-child families, etc. ), they may enjoy certain social security relief policies, which will also affect their actual payment standards.

Social security payment is an important measure to protect the rights and interests of workers and ensure social stability, which has important legal significance and economic value. The standard of social security payment for employees in Wuxi is determined according to local conditions and employees' income, and should be set reasonably according to actual conditions, and management and supervision should be strengthened to ensure that employees' rights and interests are fully guaranteed.

Legal basis:

"Wuxi Social Insurance Regulations" Article 11 The social insurance premiums for employees shall be paid by the insured units and employees respectively. Among them, the basic old-age insurance, basic medical insurance, unemployment insurance and industrial injury insurance rates and payment base, according to the relevant provisions of the state, province and city.