The Latest Payment Standard of Personal Social Security in Gaoyou City

Legal analysis: the upper and lower limits of the social security payment base for enterprise employees will be adjusted from July. The upper limit is adjusted from 19335 yuan to 20586 yuan, and the lower limit is adjusted from 3368 yuan to 3800 yuan. At the same time, individual industrial and commercial households and flexible employees who have no employees voluntarily participate in the basic old-age insurance for enterprise employees, and the payment wage base is divided into 3,800 yuan, 5,000 yuan, 6,000 yuan, 7,000 yuan, 8,000 yuan, 9,000 yuan, 1 10,000 yuan,120,000 yuan and140,000 yuan. From next month, the documents in the province will be strictly implemented, that is to say, from August, the payment base of enterprise employees in our city will be comprehensively improved, that is to say, the industrial injury insurance, personal basic old-age insurance, unemployment insurance and medical insurance that were paid according to the minimum living standard will all be improved.

Legal basis: Article 12 of the Social Insurance Law of People's Republic of China (PRC), the employing unit shall pay the basic old-age insurance premium in proportion to the total wages of its employees as stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.