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20 17 what is the latest payment ratio of five insurances and one gold?
In social insurance, all expenses are calculated based on the average annual salary of employees in the previous year (the first month's salary or the salary agreed in the labor contract is the payment base for new employees), and are paid by the unit and individual employees respectively.
The prescribed ratio is approximately:
Pension: 20% for the unit and 8% for the individual.
Unemployment: unit 2%, individual 1%.
Medical treatment: 6-4% for units and 2-4% for individuals.
Work injury: unit 1%, individual 0%.
Birth: unit 1%, individual 0%.
There may be slight changes from place to place.
A gold is generally 8%- 12% of the unit, and so is an individual.
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