Job Recruitment Website - Social security inquiry - What does it mean to increase the social security base?

What does it mean to increase the social security base?

The increase of social security base means the increase of insurance payment. According to the query method of official website, the benefits of increasing the social security payment base are mainly about the changes in the rights and interests of five insurances and one gold. If the base of social security contributions increases, the cost of old-age insurance will be more, so you will receive more pensions every year after retirement. Article 2 of the Social Insurance Law: The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance to protect citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity. Article 3 of the Social Insurance Law: The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.