Job Recruitment Website - Social security inquiry - Social security contributions used to be low, but now they are high.

Social security contributions used to be low, but now they are high.

The sudden increase in the social security base may be caused by policy adjustment or operational errors, and it is necessary to check and declare in time. Otherwise, it may lead to late payment of taxes or loss of the right to social security benefits.

Social security base refers to the amount of income used to calculate social security contributions and social security benefits. Different cities and different positions have different social security base standards. If the social security base suddenly becomes higher, it may be caused by policy adjustment or operational errors. For example, some cities or regions adjust the social security base standard every year. If the company does not know and update the social security base in time, there will be a sudden increase. In addition, operational errors may also be one of the reasons for the sudden increase in the social security base, such as misreporting and underreporting. These problems need to be checked and declared in time to avoid late payment of taxes or loss of the right to social security benefits. In addition, it is worth noting that in some regions and industries, enterprises may falsely report the social security base. This behavior not only involves tax violations and fraud, but also reduces the actual payment amount of employees and their rights and social security benefits.

The benefits of paying social security mainly include:

1. Providing living security after retirement: After paying social security, after reaching retirement age, you can apply for retirement, and you don't need to continue to pay, and you can get a pension every month. This money can pay for basic living expenses and enjoy a more comfortable old age.

2. provide accident protection: after paying social security, you can use medical insurance to insure you for hospitalization, maternity insurance to reimburse you for childbirth, and work-related injury insurance to reimburse you for work-related injuries. In addition, unemployment insurance in social security can provide living security for the unemployed.

3. Get the qualification to buy a house and a car: In some big cities, if you don't pay the local social security, you won't be eligible to buy a house, you won't be able to register, and you won't be able to participate in the car lottery.

4. Reduce the personal income tax paid: the state stipulates that the social security part is exempt from personal income tax, so after paying social security, the personal taxable part will be reduced, and the personal income tax to be paid will also be reduced.

To sum up, the sudden increase in the social security base may be caused by policy adjustment or operational errors, and it is necessary to check and declare in time. Otherwise, it may lead to late payment of taxes or loss of the right to social security benefits.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 15

The employing unit shall, in accordance with the provisions of this Law, pay social insurance premiums and pay social insurance benefits to employees.

Article 64

Social insurance funds include basic endowment insurance fund, basic medical insurance fund, industrial injury insurance fund, unemployment insurance fund and maternity insurance fund. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country. The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it. The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.