The social security payment base of 5,000 means that your average monthly salary in the previous year was 5,000 yuan.
According to the industry encyclopedia, the social security payment base of 5,000 means that your average monthly salary in the previous year was 5,000 yuan. It also means that when paying this year, this value is used as a factor multiplied by the payment ratio, and the calculated product is your
Social security expenses need to be deducted.
For example, if the proportion of individuals paying pension insurance is 8%, and the social security payment base is 5,000 yuan, then the fee required for individuals to pay pension insurance is 5,000*8%=400 yuan.
Medical insurance generally refers to basic medical insurance, which is a social insurance system established to compensate workers for economic losses caused by disease risks.
A medical insurance fund is established through employer and individual contributions. After insured persons incur medical expenses for medical treatment, the medical insurance agency will provide them with certain financial compensation.