Job Recruitment Website - Social security inquiry - Why do you pay more and more social security?

Why do you pay more and more social security?

Hello, the higher the average personal salary last year, the higher the social security fees paid by users. Social security is directly linked to personal salary, and social insurance determines the premium according to the average social income, which is directly related to everyone's salary. In other words, the higher the salary, the more people pay.

In the case of the same payment period, the level of basic pension depends on the average individual payment index, that is, the historical average of the ratio of its actual payment base to the average social wage. If the average personal salary increases in the previous year, the base of social security contributions will also increase, resulting in more and more social security contributions.

The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.

Social insurance provides basic living security for workers. Workers can pay social insurance and enjoy social insurance benefits as long as they meet the conditions for enjoying social insurance. Different from commercial insurance, the calculation of social insurance rate needs to consider more socio-economic factors.