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Will the proportion of public accumulation fund in Lintong institutions increase?
The proportion of public accumulation fund in Lintong institutions will increase. Public institutions' provident fund is raised according to the salary base. As the wage base rises, so does the provident fund. The specific amount of public institutions' provident fund should be calculated according to wages, and the proportion of public institutions' provident fund deposit is 5% to 12, which is also implemented according to state regulations. There are strict regulations on the proportion of public institutions and employees' provident fund deposit, which cannot be higher than 12% or lower than 5%. Except for individual deposit or other provisions, the deposit ratio of general units and employees' individual provident fund shall be consistent.
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