Social insurance fund raising mode

Partial accumulation system. This is a combination of pay-as-you-go system and complete accumulation system, and it is a financing model that is compatible with the principles of horizontal balance and long-term vertical balance. Pay as you go. This is a fund-raising method with horizontal balance as the guiding principle, which is implemented according to the prescribed income model, and social security institutions carry out social fund-raising according to the required insurance amount.

Matching insurance premium system: that is, regardless of the income of the insured or his employer, the same amount of insurance premium will be charged. The advantages of this system are simple calculation and easy to be universally realized. Moreover, in countries that collect insurance premiums in this way, the payment system is generally divided equally, which has the significance of equal income and expenditure. But its defect is that low-income people and high-income people pay the same premium, which is obviously unfair in terms of affordability. The sharing subjects of social insurance premiums are countries, enterprises and individuals. The different combinations of these three subjects have produced many ways of sharing expenses. The payment base of social security refers to the wage base used by enterprises or employees to calculate and pay social insurance premiums. This base multiplied by the prescribed rate is the amount of social insurance premiums that enterprises or individuals should pay.

Local social security payment bases are linked to local average wage data. It is determined according to the average monthly wage income of employees from June 1 day to February 1 day in the previous year. Once a year, it will not change within one year after confirmation. The time to apply for adjusting the social security base is generally in July. Enterprises generally take the total wages of enterprise employees as the payment base, and individual employees generally pay social insurance premiums based on their average monthly salary in the previous year. In China, the payment base is approved by the social insurance agency according to the employer's declaration. Payment ratio, that is, the collection rate of social insurance premiums. China's "Social Insurance Law" does not make specific and clear provisions on the collection rate of social insurance. According to China's current social insurance policy, we implement different collection ratios for different types of social insurance. If you don't know your social security account number, you can bring your ID card to the business hall of social insurance agencies in various districts to inquire. Log in to the labor security network or social insurance business website of your city, click on the "Personal Social Security" information inquiry window, and enter my ID card and password (password is your social security number or the date of birth of your ID card) to inquire about my enrollment information.