What is the highest social security payment in Sichuan?

Sichuan social security pays the highest grade of 4000 yuan. Adjust and optimize individual payment grades and payment subsidy standards. The highest payment grade of the basic old-age insurance for urban and rural residents in the province was adjusted to 4,000 yuan, and the corresponding government subsidy was adjusted to 200 yuan. The basic old-age insurance for urban and rural residents consists of basic pension and personal account pension. Reasonably determine the minimum standard of basic pension in the province and pay it in full to the insured who meet the conditions for receiving it.

The significance of social security

Social insurance can play the role of social stabilizer. The old, weak, sick, pregnant and disabled members of society are inevitable objective phenomena in any era and under any social system. Social insurance is to give appropriate compensation to members of society when they encounter this situation, to ensure their basic living standards and to prevent the emergence of unstable factors. Social insurance is conducive to ensuring the smooth reproduction of social labor.