Job Recruitment Website - Social security inquiry - What does it mean to increase or decrease the insurance coverage?

What does it mean to increase or decrease the insurance coverage?

In China's social security system, the increase or decrease of participation refers to the operation of adjusting the participation type and payment rate of individuals or enterprises in social security categories. Generally speaking, it is to adjust the input and expenditure of social security fund by increasing or decreasing the number of social security participants and the amount paid, so that the social security system can operate more scientifically and reasonably.

The following principles should be followed in the increase or decrease of insurance participation: fairness, justice, standardization and science. These principles include: ensuring that the interests of all insured persons are protected and maintained, ensuring that the interests of all paying users are protected and maintained, observing certain cycles and processes for adjustment, and strictly abiding by laws and regulations.

The increase or decrease of insurance participation is the basic operation of social security. In practical application, it is conducive to solving the economic problems of social security, such as improving the transparency and fairness of the existing social security system, promoting the perfection of the insurance system, promoting the development of cities and rural areas, and making people's lives more convenient and comfortable. With the continuous improvement and promotion of the government, the increase or decrease of insurance participation plays an increasingly important role in the future development of our economy and society.