What impact does the increase in social security base have on individuals?

Legal analysis: Generally speaking, the higher the payment base, the higher the pension benefits and the higher the personal account benefits of medical insurance. China's pension and medical insurance operate in a unified and separate way, that is, individuals pay a part, and units pay a part according to the corresponding proportion, and the two parts of funds form a personal account fund. How much individuals and units pay depends on the social security base, so the impact of the base on pension and medical insurance is decisive.

Take the old-age insurance as an example, the treatment of old-age insurance consists of basic pension, personal account pension, transitional pension and subsidies. The low social security payment base will affect the personal account pension insurance. Because the pension insurance in the personal account of employee pension insurance is based on the storage amount (including principal and interest) included in the personal account of employee pension insurance, and it is calculated and paid according to the ratio of the accumulated storage amount in the personal account to the number of months corresponding to the retirement age, and the personal account is included according to 8% of the employee's salary (currently 8% of the employee's payment base). If the payment base is low, it will definitely affect the amount included in the personal account, and at the same time affect the social pension insurance benefits.

Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC) The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.