Changsha social security payment standard in 2021

The social security reduction policy will be implemented from February to the end of December 20, so the social security fees will be slightly lower. However, since the social security reduction policy will not be continued in the year 21, the fees will still be paid according to the original ratio.

Changsha's social security contribution standard in 2021 will restore the 16% pension insurance, 0.4% work injury insurance and 0.7% unemployment insurance that employers have to pay normally. The other social security contribution ratio is still in accordance with the original ratio, individuals also need to bear the cost of 130 yuan of major medical insurance.

While Changsha's social security contribution standard in 2021 has not been adjusted much, but because of the different ways we participate in the insurance and the different contribution bases we choose, the social security cost per month will definitely have some differences.

You can also make social security contributions through the Easy Social Security App, which only requires you to upload your own relevant information, select a contribution base, and then make normal social security contributions after the audit is approved, as well as continue to enjoy the benefits of employee social security.

Expanded Information:

Premium Calculation

Contribution Amount = Contribution Base * Contribution Ratio.

1, social security contribution base

Social security contribution base, refers to the enterprise or the individual employee used to calculate the payroll base for social insurance contributions, with this base multiplied by the prescribed rate, is the amount of social insurance premiums should be paid by the enterprise or individual.

The social security contribution base in each region is linked to the local average wage data. It is determined according to the monthly average of all wage income earned by an employee from January to December of the previous year. It is determined once a year, and after it is determined, there will be no further changes for a year. The time for declaring and adjusting the social security base is usually in July.

Enterprises generally take the total wages of their employees as the contribution base, while individual employees generally take their average monthly wages for the previous year as the wage base for paying social insurance premiums. In China, the contribution base is approved by the social insurance agency in accordance with the law, based on the employer's declaration.

2. Contribution ratio

The contribution ratio is the rate of social insurance premiums. China's Social Insurance Law does not make specific and clear provisions for the social insurance contribution rate. According to the provisions of our current social insurance-related policies, we have implemented different contribution ratios for different types of social insurance.

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