What is the base of social security payment in Guangxi in 2023?

What is the base of social security payment in Guangxi in 2023?

In 2023, the social security payment base in Guangxi will be determined according to the relevant national policies and the economic development of Guangxi, and will be adjusted every year. Social security payment base refers to the wage base used to calculate social insurance premiums, which is usually determined based on the average monthly salary of employees in the previous year.

Specifically, the social security payment base of Guangxi Zhuang Autonomous Region is determined according to the Administrative Measures for the Collection and Payment of Social Insurance Fees in Guangxi Zhuang Autonomous Region. The method stipulates that the social security payment base shall be determined according to the average monthly salary of employees in the previous year, but it shall not be lower than the local minimum wage standard, nor shall it be higher than three times the average salary of the local society. Individual employees should take their actual wage income as the base of social security contributions.

In Guangxi, the social security payment base may be different in different cities and industries. For example, Nanning's social security payment base may be different from other cities. In addition, there may be differences in the social security payment base of different types of insurance, such as endowment insurance, medical insurance and unemployment insurance.

It should be noted that the adjustment of the social security payment base is usually carried out at the beginning of each year, and may be adjusted accordingly according to the local economic development. Therefore, if you want to know the specific situation of social security payment base in Guangxi in 2023, I suggest you consult the local social security department or relevant institutions.

To sum up, the social security payment base of Guangxi in 2023 is determined according to the relevant national policies and the economic development of Guangxi, and will be adjusted every year. The specific value may vary due to factors such as region, industry and insurance. If in doubt, it is recommended to consult the local social security department or relevant institutions.

Legal basis:

Article 20 of the Administrative Measures for the Collection and Payment of Social Insurance Fees in Guangxi Zhuang Autonomous Region stipulates that the social security payment base shall be determined according to the average monthly salary of employees in the previous year, but it shall not be lower than the local minimum wage and shall not be higher than three times the local average social salary. Individual employees should take their actual wage income as the base of social security contributions.