How much are the provident fund and social security?

The contribution ratio is 43.5% for the social security provident fund company and 23% for the social security provident fund individual.

According to the Labor Law of People's Republic of China (PRC), the Decision of the State Council on Establishing a Unified Basic Old-age Insurance System for Enterprise Employees (Guo Fa [1997] No.26), the Provisional Regulations on the Collection and Payment of Social Insurance Fees (the State Council Decree No.259) and the Implementation Measures for a Unified Basic Old-age Insurance System for Enterprise Employees in Hebei Province (Zheng Ji [1997).

They are endowment insurance, and units and individuals pay 20% and 8% of personal wages respectively; Medical insurance units and individuals pay about 10% and 2% respectively; Unemployment insurance units and individuals pay about 2% and1%respectively; Maternity insurance units pay about 0.8%, and individuals do not pay; Work injury insurance units pay about 2%, and individuals do not pay.

Five insurances and one gold are the general names of several security benefits provided by employers to workers, including endowment insurance, medical insurance, unemployment insurance, work injury insurance, maternity insurance and housing accumulation fund. The payment ratio of units and individuals is as follows.

Old-age insurance: You must pay the old-age insurance 15 years or more and reach the legal retirement age before you can enjoy the old-age insurance benefits. Pension insurance is paid by the work unit 20%, and the individual pays 8%;

Medical insurance: more important. The interruption of more than three months is invalid and needs to be re-applied. Medical insurance is paid by 10% units and 2% by individuals;