China's new social security policy in 2019

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Beginning in 2019, social security in all regions of China is unified collection by the tax bureau, and our country's social security system will become more perfect and organized. This measure changes the previous situation in different regions, the collection of social security units are different. The social security collection departments in various places have been unified, and the state's supervision of social security collection has become stricter. A lot of unscrupulous enterprises, they all have to pay social security for their employees, and can no longer make false statements. The tax bureau has mastered the tax situation of each enterprise, and can clearly understand how much the wages of each employee of each enterprise are. There is no way for a business to avoid paying social security for its employees. Having the Revenue Department directly collect social security can ensure social justice, and at the same time, it is also to ensure the rights of the employees of our enterprises.

The reform of the new social security policy is a big change is in the enterprise employees to pay social security problems, the former employees of the enterprise to pay social security, because some departments do not know the specific number of employees' wages, so it is required that the enterprise in accordance with the minimum payment standard to pay. Now that it is collected by the tax bureau, all employees have to pay the corresponding amount of social security according to their salary base. This change will not affect the transfer of our social security, and we will still transfer our social security in the same way as before. Employees in a place to pay 10 consecutive years of social security, you can apply for the corresponding retirement procedures in the location, you want to go to other places if you can also transfer their pension insurance away.

This 2019 social security reform should have the greatest impact on enterprises, which will have to pay social security in accordance with the actual wages of our employees, and the company may have to help our employees pay more money. For our employees is also a better thing to ensure our rights.

This reform, our social security transfer still follow the previous way, basically there is no change. Our social security policy is becoming stricter and more standardized.