Wuchang social security bureau specific address

The specific address of Wuchang Social Security Bureau is No.25 Zisha Road, Wuchang District, Wuhan.

The sharing subjects of social insurance premiums are countries, enterprises and individuals. The different combinations of these three subjects have produced many ways of sharing expenses. Even in the same country, different social insurance projects may adopt different insurance cost sharing methods, in which employers and employees pay the fees, and the government bears the ultimate responsibility.

Based on the wage income of the insured, a certain proportion is stipulated to collect insurance premiums. Adopting the proportional system, the original main purpose of social insurance is to compensate the income lost by the insured during the risk accident to maintain his minimum living, so he must refer to his usual income.

The biggest drawback of the work-based proportional insurance system is that the burden of social insurance is directly related to wages. Whether employers and employees bear social insurance premiums or one of them bears social insurance premiums, the burden of social insurance is manifested in the increase of labor costs, which will lead to capital crowding out labor, which will lead to an increase in unemployment.

That is, regardless of the income of the insured or his employer, the insurance premium of the same amount should be charged. The advantages of this system are simple calculation and easy to be universally realized. Moreover, countries that collect insurance premiums in this way generally adopt an equal share system when paying fees, which is of equal significance. But its defect is that low-income people and high-income people pay the same premium, which is obviously unfair in terms of affordability.

legal ground

People's Republic of China (PRC) social insurance law

Seventy-fourth social insurance agencies through business handling, statistics, investigation and other means to obtain the data needed for social insurance work, the relevant units and individuals should provide timely and truthful.

The social insurance agency shall establish a file for the employer in a timely manner, completely and accurately record the social insurance data such as personnel's participation in social insurance and payment, and properly keep the original vouchers for registration and declaration and accounting vouchers for payment and settlement.

The social insurance agency shall timely, completely and accurately record the individual's personal rights and interests such as social insurance payment, employer's payment and social insurance benefits, and regularly send the personal rights and interests records to me free of charge.

Employers and individuals can inquire and check the records of payment and social insurance benefits from social insurance agencies free of charge, and ask social insurance agencies to provide social insurance consultation and other related services.