How much does Suzhou social security minimum base pay a month?

How much is the minimum social security base in Suzhou for one month? It depends on the specific regulations in your place.

The social security payment bases of Suzhou, Zhangjiagang, Changshu, Taicang and Kunshan follow the first-class regional standards of Jiangsu Province. The contribution rate of endowment insurance units is 19%, and that of individuals is 8%; Medical insurance units pay 9% and individuals pay 2%; Unemployment insurance units and individuals each 0.5%; Maternity insurance units pay 0.8%, and individuals do not need to pay; The contribution rate of work-related injury insurance units ranges from 0. 15% to10.5%, and individuals do not need to pay. The minimum base of social security is related to the local average wage and the proportion of contributions. Based on the minimum wage of 2020 yuan/month, the monthly payment of individual endowment insurance is 16 1.6 yuan. The payment of other types of insurance is determined according to the minimum wage standard and the proportion of payment.

Social security contribution ratio:

1. Personal part of employees: generally including pension insurance, medical insurance, unemployment insurance, etc. And the proportion of individual contributions varies from place to place;

2. Unit part: In addition to paying personal insurance for employees, the unit also needs to pay work injury insurance and maternity insurance;

3. payment base: usually based on the average monthly salary of employees in the previous year, there are maximum and minimum payment base restrictions;

4. Adjustment mechanism: The base and proportion of social security contributions can be adjusted according to the local economic development level and the average social wage level.

To sum up, the payment amount of Suzhou minimum social security base depends on local regulations. Take Suzhou and other places as examples. According to the first-class regional standards in Jiangsu Province, units and individuals pay different fees. Based on the minimum wage of 2020 yuan/month, individuals are required to pay old-age insurance 16 1.6 yuan/month, and other social security contributions are based on the corresponding minimum wage standard.

Legal basis:

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

Article 12

The employing unit shall participate in social insurance and pay social insurance premiums according to law. Individual workers should also pay social insurance premiums according to law.