Why is Social Security different every month? What's the reason

Why is social security different every month?

1, different wages every month

Generally speaking, social security is paid according to the employee's salary level, so the salary will affect the social security. For example, pension insurance, pension insurance companies bear 20%, individuals bear 8%, adding up to 28%. So when our monthly salary has changed, the monthly social security personal deductions will also change.

2, the deduction base change

As the social security payment is based on the wage level, so a regional social security minimum payment base is in accordance with the minimum requirements of the local announcement, if the company to pay the employee's social security is in accordance with the minimum standard, the deduction base change will also affect the social security. For example, Hangzhou 22 years of social security minimum contribution base for 3957 yuan, announced the minimum contribution standard before and after two months, the employee's social security deduction amount may change.

3, the adjustment of the contribution ratio

The adjustment of the contribution ratio of social security will also lead to changes in the amount of social security. If a certain insurance contribution ratio is adjusted, then our social security deductions will also change. For example, if the Medicare contribution rate is adjusted to a high rate, it will result in a change in the amount we pay.

Overall, our social security costs are not fixed, and social security is recommended to pay more is better, even if the payment of 15 years, or continue to pay is better, so that in the retirement we can get a better social security benefits.