Does severance pay include social security?

Legal analysis: including social security individual contributions, excluding social security unit contributions. The base of economic compensation is calculated according to the average monthly salary payable before the dissolution or termination of the labor contract1February, including basic salary, post salary, performance, bonus, subsidy, overtime pay, commission, social security personal contribution, personal income tax, etc.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 4 Employers and individuals in People's Republic of China (PRC) shall pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Fifth people's governments at or above the county level shall incorporate social insurance into the national economic and social development plan.

The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance.

The state supports social insurance through preferential tax policies.