Job Recruitment Website - Social security inquiry - How much does social security increase every year?
How much does social security increase every year?
Legal Analysis: Annual increase of 20-60 yuan. The social security payment base is 60%-300% of the average social wage. For example, the average social wage 1000 yuan, and the payment base can be 600 yuan-3,000 yuan.
Legal basis: Article 18 of the Social Insurance Law of People's Republic of China (PRC) establishes the normal adjustment mechanism of the basic pension. According to the average wage increase and price increase of employees, the basic old-age insurance treatment level will be improved in a timely manner.
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