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Foshan social security payment base in 2024

The social security payment base of Foshan in 2024 refers to the base of social insurance premiums paid by insured units and individuals within the administrative region of Foshan City according to a certain proportion during that year.

The determination and adjustment of the social security payment base is directly related to the social security benefits of insured persons and the payment burden of employers, and therefore has important practical significance.

1. The concept and significance of social security payment base The social security payment base is one of the core concepts in the social insurance system. It determines the amount of social insurance premiums that insured persons and employers need to pay.

By setting a reasonable social security payment base, it can ensure that insured persons receive adequate economic compensation when encountering risks, and it can also help reduce the payment pressure on employers and promote the sustainable development of enterprises.

2. Determination and adjustment of the social security payment base in Foshan in 2024. The determination and adjustment of the social security payment base in Foshan are usually determined by relevant government departments after comprehensive consideration of factors such as economic and social development, price levels, and wage growth.

In Foshan City, the adjustment of the social security payment base will follow certain procedures and regulations to ensure the rationality and fairness of the adjustment.

Generally speaking, the adjustment of the social security payment base will take into account factors such as the income level of the insured persons, the employer's payment ability, and the sustainability of the social security system.

3. Application and impact of social security payment base The application of social security payment base involves the calculation of contributions of insured units and individuals, the assessment of social security benefits, etc.

When determining the payment amount, insured units and individuals need to calculate according to the prescribed proportion and base to ensure the accuracy and compliance of the payment.

At the same time, adjustments to the social security payment base will also have an impact on the social security benefits of insured persons, such as pensions and medical insurance benefits.

4. Supervision and guarantee of social security payment base In order to ensure the compliance and fairness of social security payment base, relevant government departments will strengthen the supervision and management of social security payment base.

On the one hand, we standardize the determination and adjustment procedures of the social security payment base by formulating and improving relevant laws and policies; on the other hand, we strengthen the supervision and inspection of participating units and individuals to ensure the authenticity and accuracy of the social security payment base.

To sum up: Foshan’s social security payment base in 2024 is an important part of the social insurance system. Its determination and adjustment need to comprehensively consider a variety of factors to ensure rationality and fairness.

Participating units and individuals need to pay according to the prescribed proportion and base, and relevant government departments also need to strengthen supervision and management to ensure the compliance and authenticity of the social security payment base.

Legal basis: Article 12 of the "Social Insurance Law of the People's Republic of China" stipulates: The employer shall pay basic pension insurance premiums in accordance with the proportion of the total wages of its employees stipulated by the state, and record them into the basic pension insurance pooling fund.

Employees should pay basic pension insurance premiums in accordance with the proportion of their wages stipulated by the state and record them into their personal accounts.

Article 60 of the "Social Insurance Law of the People's Republic of China" stipulates: Employers shall declare themselves and pay social insurance premiums in full and on time. Payment shall not be postponed or reduced except for legal reasons such as force majeure.

The social insurance premiums that employees should pay shall be withheld and paid by the employer, and the employer shall notify the employee of the details of the social insurance premiums paid on a monthly basis.