Shandong social security payment base in 2024

In 2024, Shandong social security payment base will be adjusted according to different regions and occupations. Generally speaking, the payment base is determined according to the local average social wage in the previous year. So the specific payment base needs to be determined according to the notice issued by the local government.

At the same time, the adjustment of social security payment base will also be affected by policy factors. For example, if the government adjusts the social security policy or introduces new regulations, the payment base may be adjusted accordingly.

The role of social security funds mainly includes the following points:

1. Guaranteeing basic living: By distributing social security funds, people who have lost their income or are in trouble for various reasons are provided with basic living security to help them tide over the difficulties.

2. Adjusting the income gap: Social security funds can play a certain role in adjusting income, narrowing the income gap between different groups of people and promoting social equity.

3. Maintaining social stability: through the distribution of social security funds, reduce social instability factors and maintain social harmony and stability.

4. Promote economic development: Social security funds can stimulate consumption and promote economic development. Because social security can make people have more disposable income, thus increasing consumer demand and promoting economic development.

The main benefits of social insurance include the following aspects:

1. Old-age insurance: When reaching the legal retirement age, you can receive a pension to protect the basic needs of the elderly.

2. Medical insurance: In case of illness or injury, you can enjoy medical insurance benefits, including reimbursement of medical expenses.

3. Unemployment insurance: During unemployment, you can receive unemployment insurance money to protect the basic living needs of unemployed people.

4. Work-related injury insurance: When personal injury, property loss or occupational diseases are caused by accidents, diseases or other unfortunate events at work, you can enjoy work-related injury insurance benefits.

5. Maternity insurance: Women can enjoy maternity insurance benefits during childbirth, including maternity allowance and reimbursement of medical expenses.

To sum up, the benefits of social insurance money lie in guaranteeing basic living, relieving economic pressure, promoting social equity, maintaining social stability and promoting economic development. It is an important part of the social security system and plays an important role in improving citizens' living standards and promoting the harmonious development of society.

Legal basis:

Regulations of Shandong Province on Social Insurance

Article 17

Social insurance agencies take the total wages and salaries paid by employees or employers as the payment base of social insurance premiums, and stipulate the online and offline payment base of social insurance premiums.