Social security fund raising refers to the act of collecting social security fees (taxes) by full-time social security agencies in accordance with the proportions and objects stipulated by law. It is a major issue related to whether sufficient and stable social security funds can be established.

, is an important link in social security fund management.

Basic Principles The International Labor Organization has put forward three principles for the raising of social security funds: first, the costs borne by insured employees should not exceed half of the total required costs; second, to avoid excessive burdens on low-income people; third, consideration should be given to the country’s

economic status.

[1] In practice, the raising of social security funds should follow the following principles: 1.

Principles to ensure the normal operation of the social security system The raising of social security funds must ensure the normal operation of the social security system.

Therefore, there should be various preparations for fund source channels, including fund sources under normal conditions and fund sources under special circumstances; it is necessary to keep source channels smooth and stable.

The fund raising method should be consistent with the institutional model.

In terms of the amount of funds raised, we must adhere to "balance of expenditures and slight surplus." The balance of expenditures here refers to both short-term balance of expenditures and long-term balance of expenditures.

2.

Principles of Properly Handling the Relationship between Accumulation and Consumption When raising social security funds, the relationship between accumulation and consumption must be properly handled.

Especially under the fund accumulation system model, the accumulation of funds will defer part of current consumption to the future. When macroeconomic demand exceeds supply, more accumulation will help alleviate the situation where demand exceeds supply; however, in macroeconomics

When supply exceeds demand, more accumulation is not conducive to economic development.

Therefore, it is necessary to scientifically determine the proportion of the accumulation part of social security funds based on different stages of economic development and the macroeconomic situation.

3.

Principles that are conducive to the efficient allocation of resources Social security funds are used to resist risks, but the degree of risk resistance can be different.

Resisting risks requires a certain cost.

Economics proves that as the degree of risk decreases, the cost of reducing the risk increases.

Cost is actually a manifestation of resources. If we invest resources in one use, we will lose the benefits of investing resources in another use.

Under conditions of limited resources, we must weigh the direction of resource investment.

Therefore, the raising of social security funds also depends on the determination of the level of social security.

In countries with low levels of economic development, the level of social security cannot be too high.

Economic development must be given top priority. Only when the economy develops can social security funds have a more reliable source.