The reason why the proportion of contributions paid by pension insurance companies can be reduced is also based on the corresponding strategies introduced by tax collection and social security.

At the end of 218, the tax collection and social security was introduced, which led to constant disputes and then triggered a wave of layoffs. Because after the implementation of tax collection and social security, enterprises need to pay social security for employees in full according to the actual base. If they all pay social security in full, the cost of enterprises will double, which is the biggest pressure point for enterprises. It can be said that enterprises can't accept it, so enterprises can only cut the staffing.

The proportion of social security contributions for the aged was 19% before, and it was 2% in some areas. What impact does it have on enterprises and individuals now? First of all, let's talk about the impact on enterprises. It is intuitive to see that the proportion of contributions has decreased, and the cost of enterprises has indeed decreased, so it is also helpful in stabilizing the hearts of enterprises and retaining talents.

So at the personal level, the monthly social security expenses deducted by individuals have not changed, but in fact, whether this matter has an impact on individuals needs to be determined according to whether the calculation method or calculation rules of pensions have changed.

if the pension is still implemented according to the previous calculation method, then the wool will fall on the sheep, and the pension that will eventually be obtained may be reduced, because the original fee is less when the payment is made, and the capacity of the fund pool is limited. If the calculation rule of pension is shifted to make up for the difference of reducing the rate for enterprises, it will never affect individuals. If it does, it will also have a positive impact, because after the tax collection of social security, the collection of social security will be more compliant and legal.

Therefore, it is safest to expect the objective explanation of the new policy for the impact on employees, and I hope that enterprises can really buy this bill to reduce the payment ratio.