How to calculate the annual per capita social security amount?

The annual per capita social security amount is calculated according to the individual social security contribution base * individual social security contribution ratio.

The social security payment base is 60%-300% of the average social wage. If it is higher than 300% of the local average wage of employees in the previous year, 300% of the social wage will be the payment base. The specific calculation formula is individual social security contribution base * individual social security contribution ratio.

The amount of social security contributions shall be calculated according to the monthly average amount of all wage income of employees from June 1 to February 1 in the previous year.