Shenzhen Social Insurance Contributions Surge, the Whole City Panics — Anyone Would Despair Seeing This. Has the CCP Really Gone Mad with Poverty!? Just How Much Has the System Siphoned Off!? Qiqi Baba TALK “Refreshing the Mind 798” 20261014

This episode mainly discusses the panic and corporate pressure triggered by the rise in the social security base and the retroactive collection for the whole year in Shenzhen. Combining the policy background of the human resources and social security departments urging social security payments, it deeply analyzes the unemployment and income dilemmas faced by ordinary workers, as well as deep-seated social issues such as the massive pension expenditures within the system, the empty treasury, and the Ponzi scheme nature of social security.

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Hello everyone, welcome to Qiqi Baba, I am Qiqi. Ever since that vice minister of the Ministry of Human Resources and Social Security said they would use big data to find people and started urging social security payments one by one, this statement has actually been expanding in influence. Uh, I don't know if it can surpass Zhao Lijian's "stealthily happy" remark back then, but from what I see now, it feels a bit difficult because they are somewhat in two different lanes. However, the influence is just as great, because netizens have started to respond to him frantically.

Minister Li, hello, I am one of the people you mentioned who hasn't paid social security. You don't need to look for me, and I'm not easy to find either. Right now, I work at a private enterprise, and the money I earn isn't even enough for living expenses; there's really no other way. I'm sorry, I'm truly sorry. If you really want to be good to us, come find our boss. He has money, he doesn't pay social security for us, he never has. He is dark, truly dark.

Comrade from the Social Security Bureau, hello, I heard you are looking for me. I am in Huancui District, Weihai City, Shandong Province. The main reason I don't pay social security is because I have no money. I am unemployed, and now I rely on picking up some waste and collecting scrap to maintain my life; I really have no money to pay. Could you please help me arrange a job? Once I find a job, I will pay immediately. Today is payday, mine.

I am embarrassed to even say how much I have posted. Anyway, uh, I have been in Shanghai from Chengdu for several months now, since July. At the time, I was full of dreams, thinking that if I came to Shanghai, I could make money and save a certain amount each year. But after arriving, it was just job hunting, struggling, struggling, and struggling for a long, long time. Um, uh, last month, the salary from my previous company was 3,000 yuan. And I was thinking, at this company, the salary I received now is for last month, and I was originally planning how to spend this money. Then in the evening, I checked my salary, and it was only 2,700 yuan. Because we have performance commissions and various other things, although I don't know how it's calculated, when I saw this number, I was stunned. I didn't know why it was so little. When I first came to Shanghai, I started having allergies and other issues due to not being acclimated to the environment. Later, in my previous job, I got chlorine poisoning, and then I started running a fever. After being here for so long, my family has subsidized a lot of money, and I haven't earned any money myself; I am still living at my sister's place. Recently, I have started to doubt myself, asking if I am really that useless. A while ago, I was thinking that I might as well not have gone to college. And now I am thinking, everyone says, 'Hey, you're fine, you're great, you're very capable.' But in reality, after coming out here, I feel like I can't do anything. I feel like I have no specialized skills, and I don't even know what I am doing out here. Back in Chengdu, I had friends, and I was making over 4,000, nearly 5,000 yuan a month. Then after coming to Shanghai, I make 3,000 yuan a month. In Chengdu, it only took me an hour and a half to get home; from Shanghai, it takes me eleven hours to get home. I don't even have friends in Shanghai. With all this money spent, I don't even know what I came to Shanghai for.

Hello, Minister Li, I haven't paid social security. It's not that I don't want to pay; I want to pay too, but I don't have a job. I've been unemployed for several years, right? Hey, Minister Li, I heard that you are going to solve the employment problem for those who haven't paid social security, and then have them pay social security, right? Minister Li, I am very grateful that you can provide me with a job. Ah, I especially love serving the people, really. As long as you arrange a job for me that serves the people, just watch how I work. I guarantee I will be at work on time at 8:30 AM, off work on time at 11:00 AM, at work on time at 2:30 PM, and off work on time at 5:00 PM. I will not work a minute less. Minister Li, I swear here, as long as you let me do a job serving the people, just watch how I work. Look at me, if I let you down, I will, I will, I will commit suicide. Minister Li, you can rest assured about this, really.

How should I put it? It's just that no one can understand this policy, because their jobs might not be very good or stable, and their income might not even meet the standards, yet they are still forced to pay. What kind of logic is this, right? Even the social security in Shenzhen has risen so much that the locals can no longer make sense of it.

Bosses are really going to cry! Shenzhen social security has risen in price again, and is about to break the 2,000 yuan mark. The most critical thing is that this year, they have to retroactively collect and pay for the period from January to June. The pension base has risen from the original 4,775 to 5,510, and the monthly difference to be paid is 176.4 yuan. From July to December, the base rose to 5,521 yuan, and the monthly difference to be paid is 179.04 yuan. The point is, if your employees have resigned this year, the company still has to make the retroactive payments for them. Since the people have already left, it is very difficult to recover the individual portion of the difference in practice, so in many cases, the company has to bear this cost itself. So, running a business now is really too difficult.

Here, they are forcing people who can't make money to desperately pay social security. And what is social security used for? Let's not talk about those that have been, uh, misappropriated or stolen; let's just talk about what it was originally supposed to be used for: to pay pensions to those who paid social security before, right? Because it's a cycle like this. Let's take a look, is this right? Let's take a look.

That's great. So you are a Party member, right?

I am old.

An old Party member, an old Party member, huh.

If this quality isn't a Party member, then who is? It must be a Party member.

Right?

That quality.

Then you must have a pension too! It's not just that 27,000 that was paid.

Ah.

Why is it so refreshing? Um, why can't you spend it? This money is also.

Mom, this money has grown mold.

The money has grown mold, and you still won't buy clothes?

Forget it.

Auntie, you are too boring.

Let me just ask: among ordinary working people, how many can get this kind of pension after retirement? And how many people inside the system can get 27,000 a month? I mean, what kind of distribution mechanism is this pension anyway? I want to ask, where is the logic in this? First of all, let's make one thing clear: retired people, when you retire, first we need to make it clear that for people inside the system, who was paying your salary before? Who paid it? The people paid it, right? Because you rely on the taxes turned in, and then you are paid your salary, government money is all given by the people, right? In other words, when you were working, you were actually already being supported by all the people, right? Then let me ask, after retirement, why are your retirement benefits so, so much better than those of ordinary people? Because your so-called social security that was turned in, and some uh similar funds like that, actually still come out of the hands of the people. You fundamentally do not make money, you fundamentally cannot make a single penny. Whether the money you hand over to the government, or your salaries and so on, all come from the people's hands. From the time you start working inside the system to the end when you retire, you have not made a single penny, you are all taking from the people. Then I ask, why is this treatment after retirement so much better than that of ordinary people? You haven't even actually handed over a single penny to the government, you haven't generated a single penny of money for this society, because you cannot make money. Uh, so on what grounds do you get so much pension? I want to know this ratio, how did you arrange this ratio? How many ordinary people can get 27,000? And what about those inside the system? Inside the system, getting over 10,000 feels like an ordinary, common thing for most people, right? Those inside the system, you surely aren't really going to pull out that whole routine of serving the people at a time like this, are you? Ah, you, you still trying to deceive with this placed here, that wouldn't be appropriate, right? What's more, indeed no one can afford to support this increasingly large group inside the system anymore, because friends, you need to know, that is, the social security money, it's actually not just used to support them, because supporting them is already a very heavy burden, right? But it's not just supporting them, because for the Chinese Communist Party, we also know that its stability maintenance is a very large expenditure item, but does it have an actual kind of reserve fund pool saying, alright, this money of mine is exclusively used for stability maintenance? It is not. And then coupled with some of its other expenses, actually many of its accounts are hidden accounts, meaning they don't tell the people where this money is spent and how much was spent, right? Just like its tax revenue is also not open and transparent, it's the exact same logic. So whether it is the endowment insurance handed over, or the medical insurance handed over, in fact, there must definitely be acts of misappropriation. Let's not even talk about them saying those people, you know, taking the money away into their own pockets, living the high life themselves, and consuming things abroad. Let's just say that even if it was used for uh government needs, administrative needs, or maybe military needs, no matter what kind of categorized demand it is, in short, when the government spends money, it will definitely dig into these other reserve fund pools to get money, this is without a doubt, ah. Therefore, the social security amount now experiencing such a huge gap is actually because the economy is no longer good. Then they have many, many other holes that they need to fill, and only then does it lead to this current drastic situation of expenditures exceeding revenue, and furthermore, coupled with the fact that fewer people are working now—look at all those layoffs and the inability to find jobs—relatively speaking, fewer people are definitely paying social security, and we see that many people have broken payments, and then this just has no inflow, right? You only have outflows, so tell me how long can it hold up? What's more, the economy is bad again, and then there are still particularly many places where they need stability maintenance. That is, on the one hand you earn less, and on the other hand you have to spend more. Tell me, who can withstand this? In addition, there is another most important thing, which is that this group inside the system, first of all, they are still expanding civil service positions, uh, this point actually has always been done historically as well. That is, when some poor economy or some relatively chaotic state appears in society, these positions will be increased. Why? It is just to maintain this social stability! That's right, I would rather spend money to support you more, even if there might not be much work for you to do, or giving you some work that is not necessary to do, but recruiting you in. Hey, the purpose of this is just for social stability, just to say, ah, you can't find a job and can't survive, it doesn't matter, it doesn't matter, come over here, eat the government's food. But this makes the burden even heavier for those ordinary, hardworking people. And another crucial point is that everyone can go check, which is that the lifespan of those inside the system is uh very long.

Because their medical conditions are extremely good, they receive great treatment while working, and after retirement, these medical conditions remain exceptional. Moreover, their income is high. Therefore, if they fall ill or feel unwell, they can obtain top-tier medical treatment, whether measured by technical means or financial resources. Consequently, ordinary people are quickly wiped out by illness, yet these people—the ones sucking the blood—actually live to a very old age.

Then, coupled with the fact that you can see young people are decreasing now, and the workforce is shrinking, this is simply a situation that is bound to break, bound to explode! Because of this, um, the social security system in China is actually just a Ponzi scheme. Once the inflow is cut off, it is bound to blow up; it simply cannot hold up, let alone the fact that their misappropriation of funds must be extremely outrageous.

So if you look at their state of urgency right now, you can basically understand it as "it's gone, it's gone." Friends, can you understand? It has already been hollowed out, which is why a massive amount of social security revenue must immediately pour into this system right now, whether to fill the hole in social security itself or to patch up holes in other eastern and western walls. In short, a huge sum of money needs to come in. But this is still under the condition that they have collected a vast amount of other hidden taxes, yet it is still not enough for them. You can just imagine how outrageous these people are, not to mention.

I really want to know, people inside the system actually didn't take any less before retirement, right? They are truly just a group of bloodsuckers. I keep thinking, under such circumstances where the Chinese Communist Party refuses to restrain itself at all and insists on draining the pond to catch the fish by plundering, I really don't know how much longer Chinese people can hold on, friends.

Alright, that is all for this episode. I really hope that, uh, friends can come and chat with me in real-time during the member-only livestream. The latest livestream notification has already been posted in the community. I am looking forward to meeting everyone during this member-only livestream and having a good chat. I might also do some new mini-games, so feel free to participate actively. That is all for this episode, see you next time.