How did social security increase in price?

Legal analysis: the increase in social security price is due to the increase in social security base, which leads to higher cost of paying social security. Generally speaking, in July each year, the insured base of all localities will be adjusted according to the average monthly salary of employees in the whole province in the previous year. Generally speaking, the national conditions in line with GDP changes may have an impact on a few people. It is suggested to choose the minimum social security base payment in the insured area. There are no special circumstances, try not to cut off the supply.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Fifth people's governments at or above the county level shall incorporate social insurance into the national economic and social development plan. The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance. The state supports social insurance through preferential tax policies.

Article 6 The State exercises strict supervision over social insurance funds. The State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government shall establish and improve the supervision and management system of social insurance funds to ensure the safe and effective operation of social insurance funds. People's governments at or above the county level shall take measures to encourage and support all sectors of society to participate in the supervision of social insurance funds.

Article 7 The administrative department of social insurance in the State Council is responsible for the management of social insurance throughout the country, and other relevant departments in the State Council are responsible for the relevant social insurance work within their respective functions and duties. The social insurance administrative department of the local people's government at or above the county level shall be responsible for the social insurance management within its administrative area, and other relevant departments of the local people's government at or above the county level shall be responsible for the relevant social insurance work within their respective functions and duties.