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Payment standard of endowment insurance for flexible employees in Lanzhou city
The basic old-age insurance premium can be paid from 3364 yuan to 18969 yuan, and the basic medical insurance premium is 3364 yuan. According to the inquiry of official website of China Medical Security Bureau, as of August 15, 2023, the social security payment standard for flexible employees in Lanzhou is 20% of the pension insurance payment for flexible employees, and the pension insurance payment base is between 60% and 300% of the individual payment base of the whole province in that year. Old-age insurance, the full name of social basic old-age insurance, is a social insurance system established by the state and society according to certain laws and regulations for workers to reach the working age limit stipulated by the state to terminate their labor obligations or to retire from their jobs because of old age.
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