How much does social security pay every year?

The payment amount will be adjusted every year, and the specific amount depends on factors such as the social security level of the insured.

1. For on-the-job employees, the contribution of endowment insurance is shared by units and individuals, and the proportion is generally around 20%, of which 16%-20% is borne by units and 8% by individuals.

2. For flexible employees, paying endowment insurance needs to bear all the expenses, and the proportion is generally 24%.

3. The basic old-age insurance for urban and rural residents, the individual payment grade is adjusted to 8 grades, that is, 200 yuan to 7,000 yuan per year.