The base of social security contributions has risen. Will social security contributions increase?

The base of social security contributions will rise, and the money paid by social security will increase.

The base of social security is not the basic salary base, and the social security payment base is also called the social insurance payment base, which is the basis for the insured units and personnel to pay social insurance premiums. The social insurance payment base multiplied by the payment ratio is equal to the social insurance premium payable. The base of social security payment is based on the average wage of urban workers in the previous year, and the social security department and the financial department will calculate according to the specific data and work out the upper and lower limits of social security payment.

The calculation formula of personal account pension is that personal account pension is equal to the total principal and interest of personal account, divided by the number of months calculated. This means that once the principal and interest deposited in personal accounts increase, the pension paid by social security personnel after retirement will also increase the relationship between social security base and wages, which is directly linked. The calculation method of social security base is that wages are lower than the minimum social security base and paid according to the minimum base. If it is higher than the lower limit, it will be paid according to the actual average annual salary of the previous year.

The first month's salary is the base for new employees, and the social security base for old employees is adjusted to the average monthly salary of the previous year. If the salary is lower than or higher than the local minimum or maximum social security base, the minimum or maximum social security base shall be used as the payment base. Higher social security contributions also mean higher social security benefits. In today's society, the state is committed to constantly improving the social security system and trying its best to give the people the greatest social security benefits.

Article 4 of People's Republic of China (PRC) Social Insurance Law Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and require social insurance agencies to provide social insurance consultation and other related services.

Twenty-third employees should participate in the basic medical insurance for employees, and the employer and employees should jointly pay the basic medical insurance premiums in accordance with state regulations; Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.