1, social security payment base. The payment base of social security refers to the wage base used by enterprises or employees to calculate and pay social security premiums. This base multiplied by the regular rate is the amount of social property insurance premiums that enterprises or individuals should pay.
Local social security payment bases are linked to local ordinary wage data. It is determined according to the average monthly income of all labor remuneration income of employees from June 1 day to February 1 day of the previous year. Once a year, after one year, it will not be changed. The time to apply for adjusting the social security base is generally in July.
Enterprises generally take the total wages of employees as the payment base, and employees pay social property insurance premiums according to half of their average monthly wages in the previous year. In China, the payment base is approved by the social financial insurance agency according to the employer's declaration.
2. Pay the share. Share of payment, that is, the collection rate of social insurance premium. China's Social Financial Insurance Law does not specify the collection rate of social financial insurance in detail. According to China's current social financial insurance policies and rules, we implement different collection shares for different social financial insurance types.
Calculation method of social security payment base:
Calculation method
Generally, my salary income in the previous year is the base of payment.
(1) If the wage income of employees is higher than 300% of the local average wage of employees in the previous year, 300% of the local average wage of employees in the previous year will be used as the payment base;
(two) the wage income of employees is lower than 60% of the local average wage of employees in the previous year, with 60% of the local average wage of employees in the previous year as the payment base;
(3) If the employee's salary is between 300% and 60%, it shall be declared according to the facts. When it is impossible to determine the wage income of employees, the payment base shall be determined according to the local average wage of employees in the previous year published by the local labor administrative department.
Legal basis:
Article 12 of the Social Insurance Law of People's Republic of China (PRC)
The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.
Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.