How much social security salary increase in 2022

Legal analysis: the pension increase notice is jointly issued by the Ministry of Human Resources and Social Security and the Ministry of Finance, January 21, 2022, the Ministry of Finance issued in the national financial work conference. In the work arrangement for 2022, it is clearly mentioned that the basic pension of retirees should be adjusted upward moderately. It is also clearly stipulated in the Social Insurance Law that basic pensions should be adjusted upward in a timely manner in accordance with the growth of employees' wages and price increases. According to the statistics, the per capita disposable income of the national population increased by 8.1% in real terms in 2021, and the CPI rose by 0.9% year-on-year, which lays the foundation for the upward adjustments of pensions. Institutions and other staff wages, there is a relatively perfect adjustment mechanism, for individuals, wages will be with the job (position) grade changes, normal salary promotion ushered in upward; for all staff, wages will be with the economic development, per capita income increases and price increases and other factors and upward adjustment. Usually, the salary "general adjustment" follows the principle of two years, the state in 2014, 2016, 2018, respectively, raised the basic salary of the staff, but in 2020, China's economy was hit by the epidemic, the development of all walks of life is difficult, the state has increased the small and medium-sized micro-enterprises tax incentives, resulting in fiscal revenues Shrinking, so the plan to increase the wages of staff on board has been put on hold. However, the wage increase plan is only late, not absent, in October 2021, in the staff salary once again ushered in the upward adjustment, around the world has been in 2022 before the Spring Festival, the omission of the wage difference in a one-time retroactive payment to the staff in the staff to receive wages to the account, retroactive payment is completed, will be in accordance with the upward adjustment of the payroll standard calculation of the monthly salary.

Legal basis: The Social Insurance Law of the People's Republic of China

Article 2 The state establishes a social insurance system of basic pension insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect the right of citizens to obtain material assistance from the state and society in accordance with the law in the event of old age, illness, industrial injury, unemployment, childbirth and so on.

Article 3 The social insurance system adheres to the policy of broad coverage, basic protection, multi-level and sustainability, and the level of social insurance shall be commensurate with the level of economic and social development.