What do you mean by five insurance bases? How to calculate them?

It refers to the part of the salary that needs to bear five insurances and one gold. The individual contribution ratio of five insurances and one gold is: endowment insurance 8%+ medical insurance 2%+ unemployment insurance 0.2%+ housing accumulation fund 12%, accounting for 22.2% of the salary.

1. Insurance coverage and payment

(1) employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium;

(2) Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

(3) Measures for endowment insurance for civil servants and staff members managed by reference to the Civil Service Law shall be formulated by the State Council.

2 enterprises for insurance and payment procedures.

Registered in the social insurance agency (hereinafter referred to as the social security agency). The social security agency shall verify the number, base and proportion of old-age insurance contributions, and report and pay the amount payable to the local tax authorities on a monthly basis. Social security agencies record personal accounts according to the arrival of insurance premiums. Social security agencies print personal account lists every year and send them to enterprises and employees.

Legal basis:

Article 2 of the Social Insurance Law of People's Republic of China (PRC), employers and individuals shall pay social insurance premiums according to law. The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.