Why does social security pay more in July every year?

Legal analysis: Because the state has raised the pension for retirees around July for many years, the corresponding average annual salary has increased, the social security base has increased, and the social security contribution has also increased.

Legal basis: Article 62 of the Social Insurance Law of People's Republic of China (PRC), if the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the unit last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.