The company deducted 400 yuan a month social security amount is much?

The company deducted 400 yuan a month social security amount is not too much, because social security contributions are based on wages to determine the amount of contributions, and the payment of social security including pension insurance, unemployment insurance, medical insurance, maternity insurance and industrial injury insurance.

According to Article 58 of the Social Insurance Law of the People's Republic of China, employers should apply for social insurance registration with the social insurance agency for their employees within 30 days from the date of employment. If it fails to register for social insurance, the social insurance agency shall approve the social insurance premiums it should pay.

Individual industrial and commercial households without employees who voluntarily participate in social insurance, part-time workers who do not participate in social insurance with their employers, and other flexibly employed persons shall apply for social insurance registration with the social insurance administrative organization. The State establishes a nationally unified individual social security number. Individual social security numbers are citizens' identity numbers.

Expanded Information

There are two milestones in the history of social security: the first is that Germany pioneered the social security system during the Bismarckian period; the second is that the United States established a comprehensive social security system in 1935 and institutionalized social security, which had a great impact on the globalization of the social security system after World War II.

World War II was a watershed in the development of the social security system. In general, the social security system before World War II may differ from country to country in terms of the items covered, the coverage rate and the level of protection, but the same point is that social security only ensures that the residents have the means of subsistence necessary to maintain their survival. After World War II, social security entered into another stage, the welfare state has appeared, the pioneer of which is the United Kingdom.

Baidu Encyclopedia-Social Insurance