What insurance must social security include?

Basic old-age insurance: the proportion of enterprise contributions is generally about 20% of the total wages of enterprises, all of which are included in the social pooling fund. The employee's contribution rate is 8% of his salary, all of which are included in his personal account.

Basic medical insurance: Employers generally pay about 6% of employees' total wages, and individuals pay about 2% of their own wages. All individual contributions are included in the personal account, about 30% of the employer's contributions are included in the personal account, and the rest are used to establish the overall fund.

Unemployment insurance: the employer pays the unemployment insurance premium at 2% of the total wages of the employer, and the employees of the employer pay the unemployment insurance premium at 1% of their own wages.

Work-related injury insurance: Work-related injury insurance premiums are paid by enterprises, and the industry differential rates are implemented. The collection standard is the total wages of all employees of the enterprise multiplied by the industry differential rate. At present, the average industrial injury insurance premium rate generally does not exceed 1%.

Maternity insurance: The maternity insurance premium paid by the enterprise shall not exceed 1% of the total wages.