In 2024, the upper limit of the individual contribution base for social security in Shiyan, Hubei is 20,844 yuan. If the contribution base is 18,200 yuan, it is within the valid range. Here's how to calculate the individual deductions for different social insurances:
- Pension Insurance: The individual contribution rate is 8%. So the monthly deduction is yuan.×8%=
- Medical Insurance: The individual contribution rate is 2%. Thus, the monthly deduction is yuan.×2%=
- Unemployment Insurance: The individual contribution rate is 0.5%. So the monthly deduction is yuan.×0.5%=
- Work - related Injury Insurance: Workers do not contribute, so the deduction is 0 yuan.
- Maternity Insurance: Workers do not contribute, so the deduction is 0 yuan.
In summary, when the social security contribution base in Shiyan, Hubei is 18,200 yuan, the total monthly individual social security deduction is