Social insurance is an economic aid policy provided by the state for the disabled, the elderly and other vulnerable groups, and it is an important part of the social security system. Social security expenses are composed of subsidies from enterprises, workers themselves and the state. However, workers can only enjoy the corresponding treatment if they pay the fees and meet certain conditions.
Extended data
60%-300% of the average social wage is generally used as the base of social security payment. If the average wage is lower than the lower limit, it shall be calculated according to the lower limit, and if it exceeds the upper limit, it shall be calculated according to the upper limit. Due to historical and practical reasons, the average social wage is inflated, which cannot fully reflect the real situation of the average income of social groups. "
The social security payment base generally refers to the salary of the current month. The social security payment base is 60%-300% of the average social wage. For example, the average social wage 1000 yuan, and the payment base can be 600 yuan-3,000 yuan.
Social security is divided into units and individuals. Specific social security contributions are as follows:
Endowment insurance, units and individuals pay 20% and 8% respectively;
Medical insurance, units and individuals pay 12% and 2% respectively;
Unemployment insurance, units and individuals pay 2% and 0% respectively;
Maternity insurance units pay 0.60%, and individuals do not pay;
Work-related injury insurance units pay 2%, and individuals do not pay.
Baidu encyclopedia-social security payment