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What is the maximum amount I can pay for social security in Sichuan
Sichuan social security maximum pay 4000 yuan. will be adjusted to optimize the individual contribution level and contribution subsidy standards, the province's urban and rural residents basic pension insurance contribution level of up to 4000 yuan, this contribution level corresponding to the government subsidies adjusted to 200 yuan. The basic pension insurance treatment for urban and rural residents consists of basic pension and individual account pension. The province's minimum standard for the basic pension is reasonably determined and paid in full to participants who meet the conditions for receiving it.
Significance of social security
Social insurance can play the role of social stabilizer. The old age, weakness, illness, disability and pregnancy of the members of the society as well as the loss of labor capacity are objective phenomena that cannot be avoided in any era and under any social system. Social insurance is to give appropriate compensation to members of society when they encounter such situations in order to safeguard their basic living standards, thus preventing the emergence of unstable factors. Social insurance is conducive to ensuring the smooth reproduction of social labor.
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