the social security premium paid by the company for employees has been used in social security co-ordination.

the total social security cost is 28%, and the unit bears 2% of the social security cost, and the individual bears 8% of the social security cost. The social security cost paid by the unit is transferred to the social pooling, and the social security cost paid by the individual is in the personal account, so that you can enjoy the pooling part when you reach the legal retirement age, and the balance in the personal account is used as the basis for issuing pension.

1. Social security expenses paid by the unit to employees every month

According to the monthly social security expenses of employees in China's Social Insurance Law, both units and individuals pay according to the statutory contribution ratio. Due to the different salary levels of employees, the social security payment base of employees in each unit is different, and the social security payment ratio is determined according to the policy of the insured place and the industry to which the unit belongs. Let's take Beijing as an example:

Old-age insurance: the unit pays 16%; Individual contribution 8%

Medical insurance (including maternity insurance): unit contribution 9.8%; Individual contribution 2%+3

Unemployment insurance: unit contribution .5%; Individual contribution .5%

Work-related injury insurance: unit contribution .4%

Suppose the employee's social security contribution base is 65 yuan, and the individual contribution is 685.5 yuan; The unit pays 1735.5 yuan, which is 2.5 times that of the individual. The social security contribution ratio of the unit is nearly 2.5 times higher than that of the individual, and the unit contribution is also nearly 2.5 times higher than that of the individual.

II. Where does the social security premium paid by the unit go

The proportion of social security premium paid by units and individuals in different provinces and cities across the country is different, and most of the social security premium paid by units goes into the national pooling fund. Social pooling fund refers to the rest of the insurance premiums paid by employers for employees after deducting personal accounts. The social pooling fund belongs to all the insured persons, and is managed by the social insurance agency in a centralized way and used in a unified way. The social pooling insurance fund shall be specially stored and earmarked, and no unit or individual may misappropriate it.

The basic old-age insurance co-ordination fund has gradually implemented national co-ordination, and other social insurance funds have gradually implemented provincial co-ordination. The specific time and steps are stipulated by the State Council. Part of the social security expenses paid by the unit will enter the national pooling fund account. When the insured workers meet certain conditions, the national pooling fund will pay the funds to those insured who meet the treatment requirements. For example, pensions, unemployment benefits, maternity allowances, etc. are all paid by the national pooling fund.

legal basis

article 12 of the social insurance law of the people's Republic of China * * * the employer shall pay the basic old-age insurance premium in proportion to the total wages of its employees as stipulated by the state and record it in the basic old-age insurance pooling fund.

employees should pay the basic old-age insurance premium according to the proportion of their salary stipulated by the state and record it in their personal accounts.

individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual account respectively.