Government
Interpretation on the Document of the Adjustment of Social Insurance Contribution Base in 2019
Release time:2019-07-27 Browse:
 

 

Index No.

014006438/2019-00159

Creation date

2019-07-04

Issuing date

2019-07-04

Document No.

 

Issuing department

Wuxi Municipal Bureau of Human Resources and Social Security

Condition

Valid

File download

 

Policy interpretation

 

Content overview

Policy text: forward the notice of Jiangsu Provincial Department of Human Resources and Social security, Jiangsu Provincial Department of Finance and Jiangsu Provincial Department of Medical Security on the issuance of the related base of social insurance in 2019

1. What is the basis of the policy adjustment?

From July 1 to June 30 of the following year, adjust and implement a new base for social insurance contributions in accordance with the relevant regulations of social insurance in our province. This year, in accordance with the Notice of Jiangsu Provincial Department of Human Resources and Social security, Jiangsu Provincial Department of Finance and Jiangsu Provincial Department of Medical Security on the Issuance of the Related Base of Social Insurance in 2019 (Su Ren She Fa [2019] No. 137), the city shall adjust the 2019 annual social insurance payment base accordingly.

 

Policy text: forward the notice of Jiangsu Provincial Department of Human Resources and Social security, Jiangsu Provincial Department of Finance and Jiangsu Provincial Department of Medical Security on the issuance of the related base of social insurance in 2019

 

1. What is the basis of the policy adjustment?

 

From July 1 to June 30 of the following year, adjust and implement a new base for social insurance contributions in accordance with the relevant regulations of social insurance in our province. This year, in accordance with the Notice of Jiangsu Provincial Department of Human Resources and Social security, Jiangsu Provincial Department of Finance and Jiangsu Provincial Department of Medical Security on the Issuance of the Related Base of Social Insurance in 2019 (Su Ren She Fa [2019] No. 137), the city shall adjust the 2019 annual social insurance payment base accordingly.

 

2. What are the major changes in 2019?

 

The following contents are mainly adjusted this time: first is to adjust the bound of the calculation base of basic pension, the calculation base of the actual payroll index for the year and the monthly payment base of social insurance for the insured persons who reach the legal retirement age or receive the basic endowment insurance for enterprise employees during the period of July 1, 2019 solstice June 30, 2020; second is to adjust the bound of social insurance contributions and wages of government offices and public institutions in urban areas; third is to adjust the monthly payment base for individual business, employees and flexible employees in the urban area.

 

3. When will the policy be implemented?

 

Except for the upper and lower limits of basic social insurance contributions and salary base of urban organs and institutions, which shall be implemented semi-annually from January 1, 2019, the adjustment of other standards shall be implemented from July 1, 2019 to June 30, 2020.

 

All rights reserved Sponsored by Wuxi Municipal People's Government Office

Technical Support: Wuxi WangDao  Network Support: Wuxi Mobile  Security Support: Jiangsu Jun'an Detection