Is the payment base of social security and provident fund high or low?

Tall man. Whether the social security payment base is high or low varies according to different aspects:

1. Salary: If the monthly salary is relatively high, it is actually better to have a higher social security contribution base. In addition to more rights and interests in the future, in fact, social security fees can be paid more and individual taxes can be paid less, which is still very cost-effective. The monthly salary is relatively low, and it is more cost-effective to pay less social security fees. After all, the quality of life should be guaranteed.

2. From the provident fund: If you buy a house with provident fund loans, it will be better to have a high social security payment base, because the provident fund paid every month can hedge the loan, and the rest needs to be paid by yourself. Therefore, the social security payment base is higher and the monthly provident fund is higher, so the actual salary is similar.

Extended data:

Precautions:

The contribution base of the provident fund is the basic salary of an individual in the first year of work when he has a job, and the subsequent base is the average of the total contributions in the previous year. If there is no job, the local minimum living standard will be used as the payment benchmark.

The deposit base is implemented according to relevant local documents, and the deposit ratio varies from place to place. According to national regulations, the deposit ratio shall not exceed 12% and not be less than 8%.

Therefore, the monthly deposit base of employee housing provident fund = the total wages of employees in the previous year12. According to the Provisions on the Composition of Total Wages, total wages refer to the total amount of labor remuneration paid directly by each unit to all employees of the unit within a certain period of time. The calculation of total wages should be based on all labor remuneration paid directly to employees.

Baidu encyclopedia-social security payment base