Ministry of Human Resources and Social Security made it clear in 20 19 that if the average monthly salary of employees in the previous year was lower than 60% of the average monthly salary of employees in all-caliber urban units in the overall planning area, the payment base would be calculated at 60%; More than 300% of the average wage of employees in urban units with full caliber in the overall planning area, the payment base shall be calculated according to 300% of the average wage.
Extended data
On June 22nd, Ministry of Human Resources and Social Security issued a document demanding that all provincial governments should effectively assume the main responsibility, accelerate the provincial overall planning of the three social insurances, and ensure the provincial unification of the basic old-age insurance funds for enterprise employees by the end of 2020. It is necessary to strengthen the allocation of funds, do a good job in fund protection, and ensure that all social insurance benefits are paid in full and on time.
People's social departments all over the country have also indicated that it is necessary to strengthen the operation monitoring of social security funds, strengthen the management of fund revenue and expenditure, do a good job in fund raising and disbursement, and ensure that all social insurance benefits are paid in full and on time. It is necessary to make overall consideration of this year's reduction and exemption policies and other factors, and adjust the 2020 social security fund revenue and expenditure budget according to procedures.
China Net -6 adjusted the social security payment base, and two provinces are on the way.