Social security rates, then adjust these changes, you have to know

The State Council executive meeting held on November 2 announced the latest policy on the social security rate reduction rate: the existing policy that was originally implemented until next year - the total ratio of employer and employee unemployment insurance contributions decreased from 3% to 1%, Continue to implement after the expiration of the end of April next year.

This is the fifth time since 2015 that the State Council has announced the policy of social security reduction rate for the third time in a row. In April this year, the deputy director of the Ministry of Human Resources and Social Security, Yu Wei, revealed that the first four reduction rates have accumulated a total of 315 billion yuan for enterprises.

In August this year, the State Administration of Taxation, the Ministry of Finance, the Ministry of Human Resources and Social Welfare jointly held a meeting to clarify that from January 1, 2019, the tax authorities will uniformly collect various social insurance premiums. The work deployment of “clearing and paying off” has also received much attention from the society.

Regarding the worries of private enterprises, the State Council has repeatedly stated its position and must "try to study the appropriate reduction of social security rates and ensure that the overall burden of enterprises is not increased." The introduction of this rate reduction policy has also become more "urgent" due to the reform of the social security collection system.

To what extent can the new administration reduce the burden on enterprises? Does the rate of reduction affect the treatment of the insured? What is the current state of social insurance in China? A series of questions affect the social nerves.

[New Deal]

Stable employment companies return 50% of unemployment insurance premiums

The executive meeting of the State Council held on November 2nd was aimed at identifying targeted measures to further promote employment. The Ministry of Human and Social Affairs previously revealed that the new employment in urban areas in the first three quarters has completed the annual target.

Employment requires employers to have sufficient job requirements, and the demand for these jobs is largely due to the production and operation of the company. The situation of the enterprise naturally became the topic of concern for the State Council executive meeting of this study. as predicted. The meeting released a series of substantive policies for companies.

In order to reduce the burden on enterprises and promote the expansion of employment, the meeting decided that the current policy of reducing the total proportion of employer and employee unemployment insurance contributions from 3% to 1% will continue to be implemented after the end of April next year. More than continuing the rate reduction policy. The meeting also decided that for eligible enterprises that are eligible for stable employment, they can return 50% of the unemployment insurance premiums paid by enterprises and their employees through fee reduction. For eligible unemployed persons, the basic medical insurance and other expenses payable by the individual shall be paid out of the unemployment insurance fund.

The reporter found that since February 2015, the Ministry of Human Resources and Social Affairs and the Ministry of Finance have adjusted the unemployment insurance rate from 3% to 2%, and lowered the work injury insurance and maternity insurance rates to 0.75% and not more than 0.5% respectively.

Since 2015, the social security rate adjustment policy has covered the “four risks” in the “five insurances” such as unemployment insurance, work injury insurance, maternity insurance, and pension insurance, and the merger and implementation of maternity insurance and basic medical insurance have also been deployed. This also means that the country has made a coordinated adjustment of all five types of social security.

【sound】

Strict collection requires a significant reduction in rates

The call for the rate reduction rate stems from a substantial step in the reform of the social security collection system in August this year.

On August 20th, the five departments of the State Administration of Taxation, the Ministry of Finance, and the Ministry of Human Resources and Social Security jointly held a meeting to clarify that the social insurance premiums were uniformly collected by the tax authorities from January 1, 2019. Among them, it is clearly proposed to carefully arrange the work of “clearing and paying off”.

In fact, before this, Guangdong, Liaoning, Jiangsu, Hubei and other places have already had social security collection units to “clear” the enterprises. A Hubei enterprise was required to pay a total of 123,167.52 yuan of social security for 17 years, plus a late payment fee of 27,668.73 yuan.

Zhu Junsheng, deputy director of the Insurance Research Office of the Financial Research Institute of the Development Research Center of the State Council, told the Beijing News reporter: "The burden of increasing enterprises is both a burden on the enterprise and a burden on the workers. If the enterprise increases. Overburdening, this will reduce the demand for labor and have a bad impact on the market."

Zhu Junsheng believes that if the tax authorities want to change this situation and carry out strict collection, it is necessary to significantly reduce the social security rate.

On September 6 this year, the State Council executive meeting issued a voice: Before the reform of the social security collection agency is in place, all localities should keep the existing collection policy unchanged, and at the same time, study and reduce the social security rate appropriately, and ensure that the overall burden is not increased to stimulate Market vitality leads the society to anticipate.

【effect】

The overall rate of social security rates fell by nearly 10%

This time, the New Deal does not involve the substance of the rate adjustment, but it is clear that the policy of reducing the unemployment insurance rate in stages will continue to be implemented at the deadline for implementation, and the deadline for the continuation of implementation will not be announced.

In response to the burden of enterprises, General Secretary Xi Jinping has clearly stated that it is necessary to release water and fish, and make every effort to reduce the burden on enterprises. On November 1, Xi Jinping hosted a private enterprise symposium in the Great Hall of the People. At this meeting, he pointed out six directions for the next step to support the development of private enterprises. The first one is to "reduce the burden of corporate taxes and fees."

How much burden does the reduction rate have on the company? A person in charge of a private enterprise with nearly 100 employees in Beijing told reporters that the five social security fees paid for employees are counted. The monthly social insurance premiums paid by enterprises and individuals are about 300,000 yuan. By percentage point, we can save 8,000 pieces of labor costs."

In April this year, the deputy director of the Ministry of Human Resources and Social Security, Yu Wei, said that since 2015, the social insurance premium rate has been reduced or phased down four times, and the overall social security rate has dropped from 41% to 37.25%. The overall decline is close to 10 %. Yu Wei said: "We have calculated it, and the total cost of reducing the enterprise is about 315 billion yuan."

The reduction in social security rates has an effect on reducing the burden on businesses. However, according to the implementation of the previous four rates reduction policy, the current rate of pension insurance is still at a minimum of 19%, which is the highest risk among the five insurance rates. Some experts said that to continue to reduce the burden on enterprises, the pension insurance rate should be greatly reduced.

[Question]

Social security premium rate will never affect social security benefits

The social security fund's bill involves “receiving” and “supporting”. The rate of reduction is “reduction” for the social security fund pool. Is there any power to pay the social security insured after the reduction? Will reducing the "receipt" will reduce the "support"?

In April this year, Yu Wei said at the policy briefing of the State Council that the stage of reducing the pension insurance premium rate is conditional. The accumulated balance of the fund can be paid for more than 9 months. The fund's support capacity is Guarantee. "After the calculation, the pension fund rate is reduced by 1 percentage point. In most areas, it can still be more than the current period. The minority can not use the accumulated balance to adjust."

Regarding whether the rate of reduction affects the treatment, officials from the Ministry of Human Resources and Social Security said that the rate of reduction will never affect social security benefits. "The rate of reduction can't be 'sucking down the gourd'. In the future, with the economic development and the changes in the average wages and living costs of employees, the social security benefits will gradually increase." Jin Weigang, Dean of the China Academy of Labor and Social Security Sciences Said.

According to the latest figures from the Ministry of Human Resources and Social Security, from January to September, the total income of basic old-age care, work-related injury and unemployment insurance funds was 3.93 trillion yuan, a year-on-year increase of 18.2%, and the total fund expenditure was 3.45 trillion yuan, a year-on-year increase of 16.5%. From this figure, the total income of social security this year is greater than the total expenditure.

On the one hand, it is the rate of reduction, on the other hand, it is the increase in total income, and the growth rate is still accelerating. Why? In fact, a series of policies to enrich social security have gradually emerged. Lu Aihong, spokesperson of the Ministry of Human Resources and Social Security, said that as of the end of September, 15 provinces (autonomous regions and municipalities) including Beijing and Shanxi signed a commissioned investment contract with the Social Security Fund Council. The total contract value was 715 billion yuan, of which 416.65 billion yuan had already arrived. Account and start investing.

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