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Five insurances and one fund generally account for salary percentage

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Five insurances and one fund generally account for salary percentage


        

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  • 2024-06-18 08:01:43

    The payment ratio of five insurances and one fund varies according to different regions.

    Generally, the payment ratio of five insurances and one fund is: 22% for pension insurance, 8% for individual; The medical insurance is 12% paid by the unit and 2% by the individual; The unemployment insurance is 1.7% paid by the unit and 1% paid by the individual; The work-related injury insurance is 0.5% paid by the unit and not by the individual; The maternity insurance is paid by the unit at 0.8% and not by individuals. In addition, the contribution ratio of the housing provident fund of employees and units shall not be less than 5% of the average monthly salary of employees in the previous year.

    Legal basis

    Article 18 of the Regulations on the Administration of Housing Provident Fund, the contribution ratio of housing provident fund of employees and units shall not be less than 5% of the average monthly salary of employees in the previous year; In cities where conditions permit, the deposit ratio may be appropriately increased. The specific payment proportion shall be drawn up by the Housing Provident Fund Management Committee, reviewed by the people's government at the same level, and submitted to the people's government of the province, autonomous region, and municipality directly under the Central Government for approval.

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    2024-06-18 08:01:43

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