What is the payment base of basic old-age insurance for enterprise employees in Guangdong Province?
The standard is 8807 yuan. According to the inquiry in official website, guangdong provincial department of human resources and social security, in 2023, the base standard of Guangdong's endowment insurance payment is 8807 yuan, with an upper limit of 24930 yuan and a lower limit of 5284 yuan. Endowment insurance, also known as social basic endowment insurance, consists of basic pension paid by social pooling fund and personal account pension. It is an important part of the social security system and one of the five most important social insurances.