Beijing pays five insurances and one gold.

Paying five insurances and one gold in Beijing is basically the same as paying five insurances and one gold in the workplace, but the expenses need to be borne by individuals. Under normal circumstances, paying five insurances and one gold in Beijing includes social security fees and service fees.

1. Personal expenses: The normal expenses of five insurances and one gold are the same as those paid in the work unit, but the expenses originally borne by the unit need to be borne by the individual at this time, but it is also necessary for the individual to choose a suitable social security accumulation fund payment base.

2. Service fee: There is a handling fee for paying five insurances and one gold. Generally speaking, the specific cost depends on the selected payment institution.

Beijing's payment of five insurances and one gold consists of two parts, specifically three parts, including social security fees, provident fund fees and service fees.

The calculation formulas of social security expenses and provident fund expenses are as follows:

Social security fee = Beijing social security payment base × Beijing social security payment ratio

Provident Fund Fee = Beijing Provident Fund Payment Base × Beijing Provident Fund Payment Ratio

In 2023, Beijing Social Security Bureau stipulated that the minimum payment base of social security was 6326 yuan and the maximum payment base was 3389 1 yuan. The payment ratio is 8% for endowment insurance, 2% for medical insurance, 0.5% for unemployment insurance and 3 yuan for serious illness insurance. Employers are required to bear pension insurance 16%, medical insurance 9%, unemployment insurance 0.5%, work injury insurance 0.2% and maternity insurance 0.8%. According to the minimum payment standard, the minimum monthly social security payment is 2343.62 yuan, including 667.23 yuan for individuals and 1.676.39 yuan for employers.