Hangzhou Five Insurance and One Gold Payment Standard 2023

In 2023, Hangzhou implemented a new payment standard of five insurances and one gold. The upper limit of social security base is 32,460 yuan, the lower limit is 4,242 yuan, and the upper limit of housing accumulation fund ratio is 12%, of which the unit contribution ratio is 6%.

In 2023, according to "Regulations on Social Insurance for Urban Employees in Hangzhou" and "Regulations on Management of Housing Provident Fund for Urban Employees in Hangzhou", Hangzhou implemented a new payment standard of five insurances and one gold. Specifically, the upper limit of social security base is 32,460 yuan, the lower limit is 4,242 yuan, and the upper limit of housing accumulation fund ratio is 12%, of which the unit contribution ratio is 6%. Under the new standard, the payment base of employee social security and housing provident fund is higher than before, which also means that the payment amount of employees will also increase. At the same time, under the new standard, workers in Hangzhou should bear the corresponding payment responsibility while enjoying social security and housing provident fund protection. It should be noted that the payment standard of five insurances and one gold under the new standard may be different in different regions, so the specific payment standard needs to be determined according to local regulations and actual conditions.

How to determine the specific payment amount when Hangzhou employees pay five insurances and one gold? When employees in Hangzhou pay five insurances and one gold, they need to determine the specific payment amount according to local regulations and actual conditions. Generally speaking, the payment amount of employees is determined by their payment base and payment ratio. Under the new payment standard, the upper limit of social security base is 32,460 yuan, the lower limit is 4,242 yuan, and the upper limit of housing accumulation fund ratio is 12%, of which the unit contribution ratio is 6%.

In 2023, Hangzhou implemented a new payment standard of five insurances and one gold, and the payment base of employee social security and housing provident fund was higher than before. When paying five insurances and one gold, the payment amount of employees is determined by their payment base and proportion, which needs to be determined according to local regulations and actual conditions.

Legal basis:

"Regulations of Hangzhou Municipality on Social Insurance for Urban Workers" Article 8 The rates, payment bases and payment standards of social insurance premiums shall be implemented in accordance with the relevant provisions of the state and reported to the Municipal People's Government for the record.