What does social security tax mean?

Legal analysis: social security base refers to the reference value of social insurance payment calculation, which is generally equal to the monthly average of pre-tax wages in the previous year. In terms of settlement, individual tax is based on the total pre-tax salary declared every year, with an average of 12 months. Don't ask for the same, it's hard to be the same. Because the adjustment of social security base is generally once a year, the value of social security base should be the same every 12 months without changing companies. But the composition of pre-tax salary includes basic salary, bonus, performance, subsidy and so on. Every month is different, so the two values can be different. Under normal circumstances, the average monthly pre-tax salary should be about 10% more than the social security base, so that the social security base will increase steadily in the second year. Many people are anxious to settle down, but because they didn't pay attention before, although the time for social security and residence permit has been met, the number of eligible months is not enough. Many zero taxes, the lowest social security base, inconsistent or substandard social taxes will have an impact. Social insurance refers to a non-profit social security system with income redistribution function, which is compulsory for most members to participate in in order to prevent and share social risks such as pension, unemployment, illness and death and realize social security. Social security is also called "five insurances and one gold".

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 6 The State exercises strict supervision over social insurance funds. The State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government shall establish and improve the supervision and management system of social insurance funds to ensure the safe and effective operation of social insurance funds. People's governments at or above the county level shall take measures to encourage and support all sectors of society to participate in the supervision of social insurance funds.

Article 7 The administrative department of social insurance in the State Council is responsible for the management of social insurance throughout the country, and other relevant departments in the State Council are responsible for the relevant social insurance work within their respective functions and duties. The social insurance administrative department of the local people's government at or above the county level shall be responsible for the social insurance management within its administrative area, and other relevant departments of the local people's government at or above the county level shall be responsible for the relevant social insurance work within their respective functions and duties.