Why is the social security year from July to June?

Legal analysis: For most areas, the social security period is calculated according to the natural year, that is, from June 65438+10 to February 65438+February, but the social security base will be adjusted every year, that is, it will change. Of course, the social security base is adjusted according to the average social wage of the previous year, but the average social wage is often introduced after July in the second half of each year, so social security is said. As employees of an enterprise, everyone may understand that a part of social security expenses will be deducted in July every year. From August onwards, the cost of deducting social security will increase, which is caused by the adjustment of social security base. The extra expenses deducted in July are the cost of making up the difference in social security base from June to July. Then the employees in the enterprise don't have to pay it after July, because it was paid in advance before, so it will be deducted once after July, and then it can be returned.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 58 An employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Article 63 If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up within a time limit. Under normal circumstances, the time limit for paying back insurance depends on the social insurance premium collection agencies and enterprises. Required materials Required materials for social security payment (1) Different regions have different policies and different materials; (2) Different payment times require different materials. Generally speaking, the earlier the payment is made, the more materials are needed. For the specific required materials, it is recommended to visit the local Human Resources and Social Security Bureau in official website, or call 12333 for human resources and social security consultation.