What is the minimum contribution base for social security in Chongqing?

The upper limit of the monthly contribution base for the insured workers of basic pension insurance for urban enterprise workers, pension insurance for institutional workers, unemployment insurance, work injury insurance and medical and maternity insurance in Chongqing is 18,495 yuan, and the lower limit is 3,699 yuan. The social security contribution base is calculated based on the average salary of the previous year.

Expanded Information:

Social insurance base, or social security base for short, is the base of social insurance contributions made by an employee in a social security year. It is determined according to the monthly average of all wage income earned by the employee from January to December of the previous year. The social insurance contribution base is an important basis for calculating the social insurance contributions to be paid by the employer and its employees and the social insurance benefits of the employees, and there is an upper limit and a lower limit, with the specific amount depending on the actual situation in each region.

Social Insurance (Social Insurance) is the core part of the social security system, refers to the state as the main body, by the laws and regulations of the specialized agencies responsible for the implementation, the use of social forces, through the use of legislative means to raise funds from workers and their employers to establish a special fund to ensure that workers lose their labor income to a certain degree after the loss of income compensation, so as to ensure the normal reproduction and expanded reproduction of the labor force. This is a system that ensures the normal operation of labor reproduction and expanded reproduction and social stability. The competent unit for social insurance in China is the Ministry of Human Resources and Social Security of the People's Republic of China.

Individual employees take the monthly average of their total wage income of the previous year as the monthly contribution base for the current year, of which: new entrants to the organization take the full-monthly wage income of the month in which the employee starts to earn his or her salary as the contribution base; and the insured organization takes the sum of all the insured employees of the organization as the monthly contribution base for the organization.

The total wage income of an employee in the previous year refers to all the monetary incomes earned by the employee during the entire calendar year from January 1 to December 31 of the previous year, including hourly wages, piece-rate wages, bonuses, allowances and subsidies, overtime and overtime wages, and wages paid under special circumstances.

The social insurance contribution base has upper and lower limits, the minimum of which cannot be lower than 60% of the average monthly salary of the city's employees in the previous year (not less than 50% for private enterprise employees, employees of individual industrial and commercial households, and non-city urban household employees, and not less than 100% for legal persons, shareholders, and owners of individual industrial and commercial households in the private sector); and the maximum of which cannot be higher than 300% of the average monthly salary of the city's employees in the previous year. The average wage of the city's employees is announced annually by the Municipal Bureau of Statistics.