How much social security will you pay at your own expense in 2020?

The first gear is 80% of the local average wage. The second stage is 100% of the local average wage. The third gear is 200% of the local average wage. The fourth gear is 300% of the local average wage. After determining the payment base, you can determine the annual payment amount. The annual payment is equal to the monthly payment multiplied by 12, and equal to the monthly payment base multiplied by the payment ratio multiplied by 12.

Article 12 of the Provisional Regulations on the Collection and Payment of Social Insurance Fees stipulates that payment units and individuals shall pay social insurance premiums in full in monetary form, and social insurance premiums shall not be reduced or exempted. Veterans, like ordinary citizens, pay their own endowment insurance and endowment insurance premiums, and begin to enjoy pensions after the age of 60.

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Individuals pay social security until they can pay pension insurance and medical insurance. The remaining three can only be paid by the company.

Individuals pay social security fees by themselves, in which the proportion of old-age insurance is 16%+8% and the proportion of medical insurance is 10%+2%. Payment standards vary from place to place. Please consult the local social security center for the specific payment standard.

If the economy is affluent, you can choose a higher level of social security, and if the income is average and unstable, you can choose the local minimum payment standard.

People's Daily Online -2020 Social Security Individual Payment Base begins to be declared.

People's Network-How much social security does a person pay this year?