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Yancheng social security payment base 2023

The upper limit of social security payment base in Yancheng in 2023 is 738 16 yuan, and the lower limit is 369 1 yuan. Enterprises and employees should choose the proportion of payment according to their own conditions and pay social security fees in full and on time.

Yancheng social security payment base refers to the wage and salary standard and the basis of social security payment when enterprises and employees pay social insurance premiums. According to relevant regulations, the upper limit of social security payment base in Yancheng in 2023 is 738 16 yuan, and the lower limit is 369 1 yuan. When enterprises and employees pay social insurance premiums, they should choose the corresponding payment ratio according to their own conditions to ensure that social insurance premiums are paid in full and on time. Enterprises should pay part of social insurance premiums for employees, and employees should pay corresponding social insurance premiums according to their income level. In addition, for qualified enterprises and employees, they can also enjoy relevant social security policies and preferential policies, such as the adjustment of the proportion of housing provident fund deposits.

What does the social security cost include? Social security expenses refer to social insurance premiums paid by enterprises and employees in accordance with relevant regulations, including endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance.

Paying social insurance premiums is an important responsibility of enterprises and employees, and it is also an important way to safeguard the basic rights and interests of employees and ensure social stability. Doing a good job in social security payment and realizing the sustainable development of social insurance system are conducive to promoting economic development and improving the quality of life of the whole society.

Legal basis:

Article 97 of the Social Insurance Law of People's Republic of China (PRC), if the employer fails to pay social insurance premiums for employees in accordance with the regulations, the social insurance agency shall order it to pay within a time limit; If the payment is not made within the time limit, an overdue fine of 0.3 ‰ of the payable amount shall be charged daily until the payment is completed.