New employees of Zhongtian Steel Plant in Changzhou, Jiangsu Province must fill out a contract after entering the company and whether they must deduct certain five insurance and one housing fund expen

New employees of Zhongtian Steel Plant in Changzhou, Jiangsu Province must fill out a contract after entering the company and whether they must deduct certain five insurance and one housing fund expenses every month...

What is deducted from wages is the personal portion of pension insurance and medical insurance, and the company pays the rest to you. The other three insurances are paid in full by the company. This is a good thing. Why not let the company deduct it? It is the responsibility of the company. It is the country’s Huiming policy. What you get is much more than what is deducted from you.