Job Recruitment Website - Social security inquiry - What does the monthly social security base mean?

What does the monthly social security base mean?

The social insurance base is referred to as the social insurance base for short, which means the social insurance base. It refers to the social insurance payment base of employees in a social security year, which is generally determined according to the monthly average of all wages of employees in the previous year. Social security base is an important basis for calculating the social security expenses and social security benefits paid by enterprises and their employees. There are upper and lower limits, and the amount varies from place to place.

The social security base is generally fixed within one year of the same payment year and will not change easily in the middle. Social insurance base, referred to as social insurance base for short, refers to the social insurance payment base of social insurance payers in a social security year, and is an important basis for calculating the social insurance premium paid by the insured and enjoying social security benefits.

Legal basis: Article 7 of the Administrative Provisions on the Declaration and Payment of Social Insurance Fees.

The employing unit shall truthfully declare the items listed in Articles 4 and 5 of these Provisions to the social insurance agency. If the employer's application materials are complete, the payment base and rate meet the requirements, and the reporting relationship is consistent, the social insurance agency will issue a notice of payment after approval; If the application materials of the employer do not meet the requirements, they shall be returned to the employer for correction.

In the process of carrying out social insurance audit, social insurance agencies find that employers have failed to declare truthfully, resulting in underreporting or underpayment of social insurance premiums, which shall be handled in accordance with the Social Insurance Law.