What does it mean to increase the social security base?

The increase base of social security refers to the amount used to calculate the base of social insurance payment. The base of social security growth is stipulated by the relevant national policies. Its main purpose is to protect the rights and interests of workers and appropriately improve social security benefits. With the development of the times and economic progress, the base of social security growth is also constantly adjusted.

The increase of social security base will affect the amount of social security contributions and the social security benefits of workers. On the one hand, the increase of social security payment base will increase the payment burden of enterprises and individuals, on the other hand, the improvement of social security benefits will have a positive impact on workers' pension and medical care. At the same time, the improvement of social security base will also have an impact on the labor cost of enterprises and the economic development of society.

The policy of increasing the social security base is consistent throughout the country, and the increase rate is uniformly formulated by the relevant government departments. When formulating policies, we will comprehensively consider domestic economic development, price level, labor demand and other factors. In the latest policy, the increase of social security base will increase steadily year by year to adapt to the continuous improvement and development of domestic social security system.