What does social security supplement mean? What exactly does it mean? thank you

Social security payment is based on the year and will be adjusted according to the old base, and the difference will be paid according to the difference between the new base and the old base.

At the beginning of the annual social security inspection, a new base was reported. It comes from the average salary of employees in the last year. After confirmation, the deduction will be made according to the new base. But the annual base will be adjusted according to the old base. Make up the difference according to the difference between the new base and the old base.

For the insured whose social insurance relationship has not changed, the basic difference shall be paid by the insured to the social security institution (institution) within the time limit agreed by the employer, employment agency and talents. Institutions or street social security institutions. For the insured whose social insurance relationship has changed, the employer, employment agency, talent agency, street social security agency and social security agency that originally paid the insurance money shall go through the formalities of paying the poor foundation.

Extended data

All wage income includes basic salary, allowance, bonus and so on. By calculating the monthly average, we can get the social security payment base of this payer this year. Social security base is the main basis for employers and employees to pay social security. Often, the higher the personal income, the higher the social security payment base.

As far as Shanghai is concerned, according to the relevant national policies, there are upper and lower limits on the social security payment base. According to the published data, the upper limit of social security payment base is 300%, and the offline is 600%.

The social security payment base is generally determined once a year, and once it is determined, it will remain unchanged for one year. Therefore, regardless of whether the payer's income fluctuates within one year, the social security payment base is still the monthly average of the previous year's annual income.