The base of provident fund deposit is different from that of social security.

The contribution base of provident fund is different from that of social security, which is caused by the differences in definition, use, calculation method and management.

First, the definition and use of provident fund deposit base and social security base

Provident fund deposit base refers to the wage base used to calculate the amount of housing provident fund that employees should pay each month. The provident fund system aims to help employees accumulate housing funds for the purchase, construction and decoration of self-occupied housing. Therefore, the setting of the deposit base of provident fund is usually related to the housing demand and income level of employees.

Social security base is the wage base used to calculate the social insurance premiums that employees should pay. Social insurance includes endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. , aiming at ensuring the basic living needs and social welfare of employees. The setting of social security base usually considers the basic living cost and social security level of employees.

Two, the calculation method of provident fund deposit base and social security base

The calculation of the deposit base of provident fund is usually based on the average monthly salary of employees in the previous year, and there are certain upper and lower limits. The calculation of social security base may be different due to different regions and types of insurance, but it is also based on the wages of employees, and there are corresponding policy adjustments.

Because of the different purposes, functions and management methods of provident fund and social security, their base setting and calculation methods will be different. This has also led to the fact that in practice, there may be inconsistencies between the base of provident fund deposit and the base of social security.

Third, the impact of the inconsistency between the provident fund deposit base and the social security base.

The inconsistency between the contribution base of provident fund and the social security base may have an impact on the personal rights and interests of employees and the burden on enterprises. For example, the deposit base of the provident fund is higher than the social security base, and employees will be more secure when enjoying the housing provident fund treatment, but enterprises may have to bear higher deposit costs. On the other hand, if the social security base is higher than the provident fund deposit base, employees may be more secure when enjoying social insurance benefits, but it may also lead to an increase in the social security burden of enterprises.

To sum up:

The contribution base of provident fund is different from that of social security, which is caused by the differences in definition, use, calculation method and management. This difference may affect the personal rights and interests of employees and the burden of enterprises, so these factors need to be fully considered when formulating and adjusting relevant policies to balance the rights and interests of employees and the burden of enterprises.

Legal basis:

Regulations on the administration of housing provident fund

Article 16 stipulates:

The monthly deposit amount of employee housing provident fund is the average monthly salary of employees in the previous year multiplied by the deposit ratio of employee housing provident fund.

The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year multiplied by the proportion of housing provident fund paid by the unit.

People's Republic of China (PRC) social insurance law

Article 12 stipulates:

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.