The social security payment standard is a fixed proportion. The five insurance units must bear 14% pension insurance, 8.2% medical insurance, 0.5% unemployment insurance, 0.2% work-related injury insurance and 1% maternity insurance. Individuals have to bear 8% pension insurance, 2% medical insurance and 0.5% unemployment insurance. The social security payment ratio is generally not adjusted every year, but if there are new regulations, social security fees must be paid according to the new standards.

Wenzhou Social Security Payment Base Regulations

In 2022, Wenzhou social security payment standards are borne by individuals, and attention should also be paid to the payment base reported by the unit. The minimum payment base for social security in 2022 is 3,957 yuan, and the maximum payment base is 19,783 yuan. If the salary base reported by the unit exceeds the standard, then fees can only be paid according to the upper and lower limits, and cannot exceed such a payment base range. Therefore, the reported payment base and the upper and lower limits of the social security payment base also directly affect the social security payment amount.

If you participate in the insurance according to the minimum payment base, then the individual will have to bear 415.49 yuan and the employer will have to bear 945.72 yuan of Wenzhou social security payment standards in 2022.

Social insurance refers to a social and economic system that provides income or compensation for people who have lost the ability to work, temporarily lost their jobs, or suffered losses due to health reasons. The main items of social insurance include pension insurance, medical insurance, unemployment insurance, work-related injury insurance, and maternity insurance.

The social insurance plan is organized by the government, forcing a certain group of people to use part of their income as social insurance taxes (fees) to form a social insurance fund. When certain conditions are met, the insured can receive benefits from the fund. Fixed income or loss compensation is a redistribution system whose goal is to ensure the reproduction of material and labor force and social stability.

In China, social insurance is an important part of the social security system and plays a core role in the entire social security system. In addition, social insurance is a kind of contributory social security. The funds are mainly paid by the employer and the worker himself, and the government finance provides subsidies and assumes the final responsibility. However, workers can only enjoy corresponding social insurance benefits if they fulfill their legal payment obligations and meet legal conditions.

Legal Basis

1. According to Article 72 of the Labor Law, employers and workers must participate in social insurance and pay social insurance in accordance with the law. insurance.

2. "Labor Contract Law"

Article 38, paragraph 3, stipulates that if the employer fails to pay social insurance premiums for employees in accordance with the law, the employee may terminate the labor contract .

3. "Social Insurance Law"

Article 10: Employees shall participate in basic pension insurance, and the employer and employee *** shall jointly pay the basic pension insurance premiums.

Individual industrial and commercial households without employees, part-time employees who have not participated in basic pension insurance in the employer, and other flexible employment personnel can participate in basic pension insurance, and the basic pension insurance premiums are paid by individuals.

The measures for pension insurance for civil servants and staff managed with reference to the Civil Servant Law shall be prescribed by the State Council.

Article 12 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.

Individual industrial and commercial households without employees, part-time employees who have not participated in basic pension insurance in the employer, and other flexible employment personnel who participate in basic pension insurance shall pay basic pension insurance premiums in accordance with national regulations, respectively. Credited to the basic pension insurance pooling fund and personal account.

Article 13: Before employees of state-owned enterprises and public institutions participate in basic pension insurance, the basic pension insurance premiums that should be paid during the deemed payment period shall be borne by the government.

When the basic pension insurance fund is insufficient to pay, the government will provide subsidies.

Article 14: Personal accounts may not be withdrawn in advance, the accounting interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of his or her personal account can be inherited.