Does social security payable to employees include personal social security

I. Composition of social security payable to employees

Social security payable to employees mainly includes the basic pension insurance, basic medical insurance, work injury insurance, unemployment insurance and maternity insurance and other costs paid by the enterprise. These costs are calculated by the enterprise based on the total wages of the employees and the corresponding contribution ratio, and paid to the social security organization on time.

The relationship between personal social security and social security payable to employees

Personal social security refers to the social insurance costs paid by individual employees in accordance with state regulations, including the individual part of the basic pension insurance, basic medical insurance and so on. The amount of personal social security contributions is usually determined by the employee's salary base and the corresponding contribution ratio. In the social security of employee compensation payable, although it includes the social insurance costs paid by the enterprise for the employees, it does not include the part to be paid by individual employees.

Three, payable social security and personal social security distinction

Payable social security and personal social security in the main body, the amount of payment and payment methods, there are obvious differences. The social security of employee compensation payable is borne by the enterprise, and the amount of payment is calculated based on the employee's gross salary and the contribution ratio; while the personal social security is borne by the individual employee, and the amount of payment is calculated based on the employee's salary base and the contribution ratio. In terms of payment methods, enterprises usually pay the social security institution through bank transfers and other means for employee compensation payable, while individual social security is paid through payroll deduction or other means.

Four, payable social security and personal social security of the combined treatment

In practice, in order to facilitate the management and accounting, enterprises may be payable social security and personal social security combined treatment. However, this does not mean that the two are confused in nature. The main purpose of the combined treatment is to simplify the process and improve management efficiency, not to change the nature of each and the subject of payment.

In summary:

Social security payable to employees refers to the social insurance costs paid by the enterprise to the employee in accordance with state regulations, excluding the social insurance costs payable by the individual employee. Individual social security is borne by the individual employee, and the amount and manner of payment are different from the social security payable by the enterprise for the employee. In practice, although the two may be combined, this does not change their respective nature and the subject of payment.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 10 stipulates:

Employees shall take part in basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, and shall pay the basic old-age insurance premiums, the basic medical insurance premiums and unemployment insurance premiums by the employing unit and the employees*** together.

The Law of the People's Republic of China on Labor Contracts

Article 72 stipulates:

Employers and workers must participate in social insurance and pay social insurance premiums in accordance with the law.