Social security input coefficient reflects what

A report released by the Beijing International Institute for Urban Development shows that Shenzhen's local budget expenditure last year amounted to more than 38.6 billion yuan, with spending on social security accounting for only 1.68 percent of the budget, a ratio that ranked last among 287 cities nationwide. However, Yuan Jianyong, deputy director of the Shenzhen Bureau of Labor and Social Security, believes it is inappropriate to use the social security input coefficient to measure the level of social security.

He said Shenzhen's per capita pensions for corporate retirees, unemployment benefits for the unemployed and monthly minimum subsistence guarantee line are all three figures that show Shenzhen's basic level of social security is the highest in the country. (October 20, "First Financial Daily")

One side said that the level of social security in Shenzhen is the lowest in the country, but one said that the level of social security in Shenzhen is the highest in the country, and both came up with the figures to speak, it is really the public said that the public has a point, the woman said that the woman has a point. So, which side of the argument is true, Shenzhen social security level is high or low? The author believes that this issue must have a clear understanding.

Shenzhen enterprise retirees per capita pension is more than 2,000 yuan, the national average is only 735 yuan; Shenzhen unemployed unemployment benefits is 648 yuan, the national average is only 300 yuan; Shenzhen's monthly minimum subsistence level is 344 yuan, the national average is only 130 yuan. From the comparison of these absolute figures, it can be seen that the social security standard in Shenzhen is high. However, a high per capita social security standard is not equal to a high level of social security in Shenzhen. This is equivalent to Switzerland's high per capita output, but it does not mean that the comprehensive national strength is also leading.

According to deputy director Yuan Jianyong, the reason for Shenzhen's relatively low social security input coefficient is that with a high rate of social insurance participation, the fund's revenues and expenditures can be balanced without the need for financial subsidies for social insurance. "Under the premise of ensuring a higher level of pension for retirees and a higher level and wider scope of assistance for low-income people in need of assistance, the lower the fiscal social security input coefficient, the better the social security work of this local government is done and the higher the level of social security." However, the author believes that this view is flawed. This is because the situation of some people enjoying a high standard of social security conceals the fact that more people are not covered by social security.

Shenzhen has a very special place, that is, the foreign population far exceeds the household population. Now Shenzhen's household population is about 1.6 million, while the foreign population is 4.9 million in Baoan district alone, and the city's foreign population is close to 10 million. Relevant statistics show that the coverage of Shenzhen labor insurance coverage of only 30%, although this ratio is not low in the country, but because of Shenzhen's large foreign population base, not included in the scope of social security up to several million. These millions of people for the financial contribution of shenzhen, but the government did not put a penny for them social security. In the author's view, that is why Shenzhen's social security input factor is low, but the social security standards can be higher. Can we still say that the level of social security in Shenzhen is the highest in the country?

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