20 17 what is the social security payment ratio in Suzhou?

Suzhou social security contribution ratio 20 17:

1. Endowment insurance: 20% for the unit and 8% for the individual.

2. Medical insurance: 9% for units and 2% for individuals.

3. Unemployment insurance: unit contribution rate 1.5%, individual contribution rate 0.5%.

4. Work-related injury insurance: the unit pays 1%, and the individual does not pay.

5. Maternity insurance: the unit pays 1%, and the individual does not pay.

The function of social security:

1, the function of stabilizing social life

2, the function of redistribution

3. The function of promoting social and economic development: First, the social insurance system plays an important role as an important tool for demand management, thus playing an active role in the economy; Second, the effective use of social insurance funds can promote the sustained prosperity of the economy; Third, social security has become the basic condition for enterprises to recruit talents.

References:

Baidu encyclopedia, social insurance