What is the employee social security contribution in 2021

The amount of contribution = contribution base * contribution ratio.

1, social security contribution base

Social security contribution base, refers to the enterprise or individual employee used to calculate the payroll base for social insurance contributions, with this base multiplied by the prescribed rate, is the amount of social insurance contributions should be paid by the enterprise or individual.

The social security contribution base in each region is linked to the local average wage data. It is determined according to the monthly average of all wage income earned by an employee from January to December of the previous year. It is determined once a year, and after it is determined, there will be no further changes for a year. The time for declaring and adjusting the social security base is usually in July.

Enterprises generally take the total wages of enterprise employees as the contribution base, and half of the individual employees take their average monthly wages of the previous year as the wage base for individual social security contributions. In China, the contribution base is approved by the social insurance agency in accordance with the employer's declaration and in accordance with the law.

2. Contribution ratio

The contribution ratio is the rate of social insurance premiums. China's Social Insurance Law does not make specific and clear provisions for the social insurance contribution rate. According to the provisions of our current social insurance related policies, we have implemented different contribution ratios for different types of social insurance.

Extended information:

Social insurance contribution ratio in 2020 at a glance:

Currently, the contribution ratio for pension insurance is 21% for the unit (all allocated to the overall fund) and 8% for the individual (all allocated to the individual account).

2. Medical insurance

Medical insurance contribution ratio: unit 6%, individual 2% + 3 yuan.

3. Unemployment Insurance

Unemployment insurance contribution rate: unit 2%, individual 1%.

4, Workers' Compensation Insurance

Units pay 0.5% per month, and they don't have to pay a penny. Workers' compensation insurance is based on the scope of the industry in which the unit is classified to determine the rate of its work injury, between 0.5% and 2%.

5, maternity insurance

Units pay 1% per month, they do not have to pay a penny.

6, housing provident fund

Provident fund contribution ratio: according to the actual situation of the enterprise, choose the housing provident fund contribution ratio. However, in principle, the maximum contribution shall not exceed 10% of the employee's average salary. The employer is 12% of the salary to handle the payment of housing provident fund. Both the unit and the individual are 12% of the salary.

Baidu Encyclopedia - Medical Insurance for Urban Employees