With the aging of population and the improvement of social security system in China, the state has successively introduced a series of measures to promote the continuous development of social security system. One of them is to extend the payment period of social security, that is, to increase the payment period of social insurance or the stipulated payment time, so as to expand the scope of social security and increase the income of social security funds. At present, China's social security payment period mainly involves pension insurance, medical insurance and unemployment insurance. For example, from 20 19, China began to implement the policy of extending the payment period of old-age insurance, stipulating that in 2028, women will gradually increase the annual payment period from 50 to 25 years; Men will gradually increase the annual payment period from 60 to 25 years in 2028. In addition, the state provides more preferential policies for employees to participate in social security, such as encouraging enterprises to give employees more social security subsidies and establishing a social security system for flexible employees.
What impact does the extension of social security payment period have on enterprises and individuals? The extension of social security payment period has an impact on both enterprises and individuals. For enterprises, increasing the social security payment period may increase their cost pressure, especially for small and micro enterprises. For individuals, it is necessary to pay social security fees for a longer period of time, which also means that it has a certain impact on personal finance. But the policy of extending the social security payment period will also bring benefits to most people. For example, raising the payment period and standard of endowment insurance can better protect the lives of the elderly; The establishment of social security system for flexible employees is also helpful to solve the social security problem of flexible employees.
Extending the social security payment period is an important part of China's increasingly perfect social security system. Although this policy will bring a certain burden to enterprises and individuals, compared with the long-term security effect and overall interests, the benefits are more extensive and obvious. Actively cooperate with and support relevant state policies to promote the development of social security.
Legal basis:
Article 14 of People's Republic of China (PRC) Social Insurance Law Employees who participate in social insurance shall enjoy corresponding social insurance benefits according to law. Social insurance premiums are paid by units and employees, of which pension, medical care and unemployment insurance funds are paid by units and employees according to a certain proportion.