How much does it cost to pay social security for one year?

How much social security you pay a year depends on the specific regulations of your place.

The annual payment of medical insurance is about 1500 yuan, but this amount will vary with the regional wage level; The contribution rates of old-age insurance, unemployment insurance, maternity insurance and work-related injury insurance are 16%, 0.6% and 0.8% respectively, which are reduced by 50% on the basis of the policy, and 8% and 0.4% for individuals, and are not paid or not paid; The specific social security payment base is usually based on the total wages of enterprise employees or the average monthly salary of individuals in the previous year. Therefore, the specific payment amount of social security needs to be determined according to the local payment base and payment ratio.

Social security contribution ratio:

1. According to national regulations, the proportion of social security contributions is divided into unit contributions and individual contributions;

2. Unit contributions usually include endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance;

3. Individual contributions mainly include endowment insurance and medical insurance;

4. According to the level of economic development and social security policies, different regions will have different payment ratios and base settings;

5. The social security payment base is usually linked to the average wage level of employees, and the upper and lower limits will be adjusted.

To sum up, the payment amount of social security needs to be determined according to local specific regulations, salary level, payment base and payment ratio.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 12

The employing unit shall, in accordance with the relevant provisions of the state, declare the total wages of its employees to the social insurance agency as the base of social insurance payment. The base of individual social security contributions is usually determined according to individual wage income, and the specific amount is stipulated by local social security policies.