Social security is paid at the lowest level every year. Does the expenditure affect it?

First, from the aspect of personal income tax: on the surface, it seems that the minimum payment base is greater than the full payment. But in fact, because personal income tax is the amount that should be paid after deducting all insurance, the tax paid is increased because some insurance deductions are less.

Second, from the direction of funds: the amount of social security paid by individuals enters the personal pension account, and if they pay less, they will get less in the future. The insurance you pay now is equivalent to your own savings. It's just a matter of taking it now and taking it after retirement.

The unit pays social security according to the minimum base, which means that the company can save about 30% of the expenses at most, and the personal pension will be very low in the future. Low social security payment is of great benefit to enterprises and harmful to individuals. The social security payment is low, and the biggest benefit is the enterprise, which has no benefit to the individual.

Extended data

The social security payment base is generally based on my salary income in the previous year.

(1) If the wage income of employees is higher than 300% of the local average wage of employees in the previous year, 300% of the local average wage of employees in the previous year will be used as the payment base;

(two) the wage income of employees is lower than 60% of the local average wage of employees in the previous year, with 60% of the local average wage of employees in the previous year as the payment base;

(3) If the salary of employees is between 300% and 60% of the average salary of employees in the previous year, it shall be truthfully declared. When it is impossible to determine the wage income of employees, the payment base shall be determined according to the local average wage of employees in the previous year published by the local labor administrative department.