How much will social security increase in July this year

Before the end of July, will be completed for the previous year's pension adjustment and retroactive payment in place. According to the statistical results of the relevant organizations, the average pension of the retired elderly in China last year was 2987 yuan per month. In this case, according to the 4% increase in the calculation, the amount of monthly pension for each retired elderly will increase by 120 yuan.

This month, the social security for the flexible employment of people to make new adjustments, but also accompanied by two social security "good news", let's take a look at it. The arrival of July means that the social security has ushered in a new payment cycle, there are many places to adjust the social security payment base. Flexible workers take note that the minimum social security contribution amount will go up. Many flexibly employed people are feeling the pressure when they hear the news.

Compared with employees of enterprises and organizations, flexibly employed people need to bear all the social security costs by themselves, and there are no units or enterprises to help them bear part of the social security costs. The amount of social security fees paid by flexibly employed persons should be based on the local base for reference.

There is a standard between the upper limit and the lower limit to determine the social security contribution, and there are mandatory requirements to set this standard. For example, the amount of social security contributions must exceed the lower limit of the contribution base, which means that the amount of social security contributions paid by flexibly employed people needs to be compared with the average social wage of the previous year, and cannot be lower than about 60% of the average social wage of the previous year.

In addition to the flexible employed people to pay fees also need to be lower than the social security payment rise, the upper limit of the standard is 300% of the previous year's average social wage. China this year, there are a number of provinces, have made adjustments to the upper and lower limits of the social security contribution base.

The most obvious change is that the lower limit of the regional social security contribution base has been raised, which is for those who are flexibly employed groups, the lower limit of the minimum social security contribution has been raised, and the amount of social security contribution they pay every month will rise. It's true that the amount of money they pay in each month is higher, but that doesn't mean it's a bad thing.

It has been mentioned above that the amount of post-retirement pension is closely related to the time and proportion of social security contributions when they were young, and the more money they pay each month, the more money they will receive when they are old, and the corresponding pension benefits will also be improved.

In addition to the increase in the minimum contribution standard for social security, there are also two pieces of good news. First, social security costs can be deferred. Now the world is plagued by the epidemic, many areas are in a state of shutdown, people's income level is not as good as before, the monthly salary in addition to mortgage, car loan, daily expenses, basically nothing left.

Many brick-and-mortar store owners have also been affected by the epidemic, and are struggling to make ends meet every day, and the minimum payment standard for social security has been raised, adding insult to injury.

The state also understands that people in this situation, the decentralization policy allows people who run into economic problems and do not have a lot of money can be slow to pay social security.

However, the time of this suspension is clearly defined, before the end of next year, you need to pay the full cost of social security suspension. Although it is said that the main purpose of paying social security is to plan for old age, this money has so far become a financial burden for many people.

There are even netizens who joke that they don't know if they'll live to retire in their current condition. These comments are more likely to trigger thinking about how important it is to live in old age and how important it is to live in the present.

Flexible workers also have questions about this policy, such as the suspension of payment of social security costs, will not affect the rights and interests of the future pension life? The relevant departments replied: will not have an impact on the future pension life. After all, this policy was introduced to alleviate the economic pressure faced by the flexibly employed. They are now unstable income, the minimum standard of social security payment has been adjusted upward, the state will also take into account the interests of the flexible employment personnel.

The starting point of the state's policy is the people, so that those who do not have a lot of money in the economic difficulties of the group to suspend the payment of social security, and then pay when they have a lot of money, not only will not have an impact on their retirement life, but also to solve the current difficulties, it is really a two-for-one solution. This policy fully reflects the humanization of our country's policy making.

Secondly, it reduces the restrictions on participation. Modern society has a lot of people are in pursuit of freedom, many people do not want to work in the unit, do not want to live a nine-to-five life, more respect for freelancing. Over the years the number of flexible employment groups is increasing, but they are subject to a lot of constraints and limitations in the work.

For example, their payment of social security is affected by their household registration, which makes it impossible for them to pay social security at the point of employment. This is not conducive to the future development of freely employed people, and then the state is concerned about this problem, since July this year, many regions have relaxed the restrictions on the payment of social security for flexibly employed people.

Legal basis:

The People's Republic of China (PRC) Social Insurance Law -

Article 58 - An employer shall apply to the social insurance agency for social insurance registration for its employees within thirty days from the date of employment. If the employer fails to register for social insurance, the social insurance administration organization shall approve the social insurance premiums to be paid by the employer.