What is the contribution base of the three insurance, in the end should pay how much money

Specific social security composition ratio:

Pension insurance: unit each month for you to pay 21%, you pay 8%;

Medical insurance: unit each month for you to pay 9%, you pay 2% plus 10 yuan of the general medical co-ordination (general medical co-ordination of the hospitalization of this);

Unemployment insurance: unit each month for you to pay 2%, you pay 1%;

Worker's compensation insurance: unit each month for you to pay 0.5%, you pay 1%;

Workers' compensation insurance: unit each month for you to pay 0.5%, you pay 1%;

There are many other ways to pay for the insurance.

Workers' compensation insurance: the unit pays 0.5% for you every month, you do not pay a penny;

Maternity insurance: the unit pays 0.8% for you every month, you do not pay a penny;

Housing provident fund: the unit pays 8% for you every month, you pay 8%

Above all, so that it comes down to this, the unit pays for your social security every month, and you pay 8%. unit each month for you to pay the proportion of social security should be 21% + 9% + 2% + 0.5% + 0.8% + 8% = 41.3%

Your own each month for you to pay the proportion of social security should be 8% + 2% + 10 yuan + 1% + 8% = 19% + 10 yuan

Temporarily removed from the $ 10 you pay do not talk about the proportion of the unit to pay the proportion of your payment and the proportion of the unit to pay the proportion of the unit to pay the proportion of the unit to pay the proportion of the unit to pay the proportion of the unit to pay the proportion of the unit to pay the proportion of your payment should be 413:190. 413:190, that is to say, if you pay 190 dollars a month for their own social security, then the unit will be your social security account into 413 dollars, every month your social security account on the increase in the money should be 413 + 190 = 603 dollars

So that you can not see the case, the unit to pay the social security costs is actually more than twice as many as you, so you pay social security premiums every month when you don't want to pay, you should not pay. The first thing you need to know is that you can't pay your social security premiums every month, so don't feel bad about it!

Talking back to the three insurance a gold and five insurance a gold, here we should have seen, in fact, the jianghu said three insurance a gold is completely equal to the five insurance a gold, just three insurance a gold is from your personal insurance (old age + medical + unemployment + provident fund) to say, five insurance a gold is from your unit to pay the insurance (old age + medical + unemployment + injury + maternity + provident fund) to say. The three insurance and one gold said five insurance and one gold in fact just say it sounds good.

In addition to the unit can pay for your social security, in fact, no work but have income personnel or have a unit but the unit does not pay social security personnel can also pay for their own social security, but the individual can only pay the pension insurance + medical insurance, work injury ah birth ah unemployment ah provident fund, ah, you personally can not pay up.

Here is what is the social insurance payment base

Just now you already know the proportion of social security paid by the unit each month and the ratio of your payment is almost 413:190, so now there is another problem: the social security premiums paid each month and what is the relationship between this ratio, social security premiums in the end is how to determine it?

You may not have noticed, each province and city will be released in early July each year, a "social insurance minimum payment base", the base is based on the previous year's average salary + benefits + a variety of subsidies and other miscellaneous costs after statistics and calculations after the determination of the Nanjing July this year, the minimum base is announced! 1189 yuan, this is what it means, it means that Nanjing as long as the formal social security units for employees to pay, every month for each employee to pay at least 1189 × 41.3% = 491 yuan, and employees to pay at least 1189 × 19% + 10 = 236 yuan per month, so you and the unit should be paid every month social security premiums came out.

But now there is a new problem, Nanjing workers wages vary greatly ah, some people get 1000 a month, some people can get 10,000 a month, do you want to get 1000 and get 10,000 are paying the same social security premiums?

Please note that this 1189 is the lowest base, in 1189 above the highest base, Nanjing this year's highest base seems to be more than 8,000, I have forgotten, anyway, if your salary every month in 1189 yuan below, the unit must be in accordance with the 1189 yuan for you to pay 1189 × 41.3% = 491 yuan, and your own every month at least 1189 × 19% + 10 = 236 yuan, and you have to pay 1189 × 19% + 10 = 236 yuan. 19% + 10 = 236 yuan, this is 1189 as the minimum social security contribution base of the significance of it: even if you get 1000 or 800 yuan a month, you must pay the minimum monthly in accordance with the 1189!

But if your salary is higher than 1189, for example, you get 3,000 yuan a month, then the unit to the labor bureau to pay your insurance (your unit and you pay the social security fees are deducted by the labor bureau Oh ~) should be on the labor bureau to say: "ah ah, a comrade on our side to get 3,000 a month, according to 3,000 yuan of the standard deduction. Please deduct the social security premium at the rate of 3,000 dollars." Then the labor bureau will pay 3000 for the base to deduct your unit and your money and then hit your social security account, your unit should pay 3000 × 41.3% = 1,239 yuan per month for you, and you should pay 3,000 × 19% + 10 = 580 yuan per month

That is, if your salary is below 1,189 yuan, then each month you will be In accordance with the 1189 to pay; if your salary in 1189 yuan above, then every month you in accordance with your actual salary to pay, unless your salary is higher than the maximum base figure, if you take 10,000 a month and the maximum base figure is 8,000 then, you and your unit are in accordance with the 8,000 to pay

Here to expose the shameless practice of some companies, these companies may give you a few thousand dollars a month, but you have to pay a lot of money to the company, but it's not enough. Thousands of wages, but they go to the labor bureau to declare your base will not be in accordance with your actual salary to report, for example, if you take 3,000 yuan per month, they go to the labor bureau may say that you only take 1,189, and then the labor bureau each month to deduct only 1,189 × 19% + 10 = 236 yuan, you are afraid that you are also very happy because you feel that deductions of your money is less, you actually get your hands on the money more wrong! If so your company is too shameless! Because the company's contribution is more than twice as much as yours, so the less you pay, the less they pay! If your actual salary of 3,000 to calculate, they should pay you 3,000 × 41.3% = 1,239 yuan of social security contributions per month, while according to the 1,189 to calculate, they only pay 1,189 × 41.3% = 491 yuan per month for you! So you're actually at a huge disadvantage! The regular company will only according to your actual salary to the labor bureau to declare and deduct money! Only those underhanded companies will pay you the minimum no matter how high your salary is! Don't think that the less you have to pay each month, the better! You may have been shamelessly bullied by the company and you are still completely unaware!!!! To determine the unit for you in the end to pay the base is how much is very simple: if you deduct 300 dollars a month of social security, then your base is almost 300 ÷ 19% ≈ 1578 yuan, you look at your salary is not this number, if your salary is obviously higher than 1578, for example, every month, you actually get 3000 or 4000, then certainly you have been bullied by the company, be bullied, after you can go to the The local

Labor Inspection Brigade sued your unit, generally a quasi, but it is best to leave the evidence (such as pay stubs, etc.) to find good and then sued, or you sued after the company generally do not get along -- + to explain again is that the composition of social security ratios of the various localities are not the same, if you're not in Nanjing, then the proportion of your contribution is probably not 19%, but certainly not The difference is too much, for example, your base may be 20% or 22%, but definitely not 30% or 40%! So although 19% is the proportion of Nanjing, but foreign students can rely on this roughly calculate their own base

The following introduction to these social security contributions in the specific situation and how to use

It has been said that the social insurance=pension insurance+medical insurance+worker's compensation insurance+maternity insurance+unemployment insurance+housing provident fund

First of all, the pension insurance Well

This insurance generally have to pay 15 years to the time of retirement in order to enjoy the pension for life, so want to take the pension students please be sure to start before their retirement 15 years ago, this is outside of Nanjing is almost the same rules if you pay the pension insurance to the retirement age of less than 15 years, that is, when you retire, the state will be your personal account on the 8% of the stored pension all returned to you. This you do not expect the state will give you, you retire to your personal money away, the state unit for you to pay all the 21% of the money to the national pension fund, from this money and you have nothing to do with you may say: Holy shit! That is my money why not give me

Because the state is so stipulated

Returning the money when only returned to the individual he deducted his own personal contributions, the unit for him to pay all the money for the country to do a contribution --

We look at the following when you retired pension is how to calculate

The algorithm of the pension is very complex, because every year the state will change the base of contributions to a different amount of money to the state. will change the contribution base once a year, for example: if you are now 30 years old, your current contribution base is 3,000 yuan, and the retirement age if 55 years old, then you have to start paying the pension insurance before you are 40 years old, and if you are now from the age of 30 years old to pay, pay to the age of 55 years old is 25 years, then first of all, sure that you can enjoy the pension, and secondly, if 25 years after you pay the 3,000 yuan of the contribution base has become 6,000 yuan (I said if), then you are 55 years old, first of all, you can get 6,000 × 20% = 1,200 yuan per month of the basic pension, which is the state to you, in addition to your personal account money in 25 years has accumulated a lot of contributions to the base of the average of the good, (3,000 + 6,000) ÷ 2 = 4,500, then your personal account in these 25 years, you will be able to enjoy the pension, but also to pay for the pension. Then you should have this 25 years on the personal account 4500 × 8% (you pay the proportion of the individual pension insurance) × 25 years × 12 months = 108,000 yuan, then in addition to the previous 1200 yuan you can get every month 108,000 ÷ 120 = 900 yuan, so that you are 55 years old, you can get at least 1200 + 900 = 2,100 yuan per month of pension! More, now pay 1000 ten years later to get 1500 are possible here to introduce a perverted policy, that is, no matter where you pay social security premiums, when you retire you can only go back to your hukou to enjoy the local retirement treatment, so see, in the base of a high place to pay social security but retired back to the base of a low place to enjoy the pension of the people that would have lost a lot of money, why is it so? Let me give an example, if you are young when you work in Nanjing, paid 20 years of social security and then retired, but if your account in Heilongjiang, then you must go back to Heilongjiang to enjoy the pension. If you paid for 20 years in Nanjing with an average base of 3000 (I'm talking about if), and when you retire the contribution base in Heilongjiang is only 1000 (I'm talking about if), then you can only enjoy 1000 when you retire! This is a big loss! In a word, if you pay social security in a rich place but retire to a poor place to enjoy social security, then you pay a lot of life but enjoy very little! If you pay 3,000 dollars, you may only get 1,000 dollars! This is a very scary thing, but there is no way, the country is this policy, so please all the current account in the west and other base of low places but in Beijing or Shanghai and other base of high places to work to pay social security students pay attention to, you either in the west to pay social security, or in the retirement of the account before moving to Beijing or Shanghai, or else you are doing life a huge loss of business

Then perhaps you will say

If my account in Nanjing, then I in Heilongjiang to pay 20 years is not good, in the base of the low payment, retirement back to the base of the high place to enjoy high benefits. Wrong! Do you think the Nanjing Labor Bureau will just let you enjoy it?! Usually in this case Nanjing will find a reason to refuse to transfer you! You'll be smart but not smart enough: you can't get it in Heilongjiang, and you can't get it in Nanjing either! However, some places have some moderating provisions for such a situation, for example, Nanjing allows you to transfer back to Nanjing from a place with a low base for 5 years before retirement, and then continue to pay the high base in Nanjing for another 5 years, after which it allows you to return to Nanjing to enjoy the pension. This policy is not the same in all places, and it is best to go to your local labor bureau to get this right now, so that you don't have any unexpected accidents when you retire.

The following medical insurance

This insurance national policy is quite good, the important thing is that the hospitalization reimbursement is quite a lot of said before the unit monthly to pay for your medical insurance is 9%, your personal monthly payment of medical insurance is about 2% plus 10 yuan of the general medical co-ordination, this general medical co-ordination does not care about anything else only care about your hospitalization, and that 11% of the state will be every month to your medical account to play your own 2% of the medical account. Play your own 2%, if you pay social security every month in accordance with the minimum base of 1,189 yuan, then 1,189 × 2% = 23.78 yuan is the state every month to your personal money, this money you can accumulate directly to the card to buy drugs or outpatient clinic, the remaining 9% of the state will be taken into account to the medical fund

According to the provisions of the Nanjing, if you pay the medical insurance from 2007 to January, you will have to pay a medical insurance premiums, and then you will be able to pay the medical insurance premiums. January 2007 to start paying medical insurance, then from February 2007 you can swipe the card to buy drugs or outpatient clinic, from July 2007 onwards you can be reimbursed for hospitalization costs, the report is quite complex, for example, well:

If you are hospitalized on August 1, 2007, live in Nanjing's best three hospitals, hospitalization with the medical insurance coverage of the drugs, surgery + hospitalization and other costs a **********************. Hospitalization and other costs a *** spent 5,000 yuan, then the reimbursement of the health insurance center first deducted 1,000 yuan, which is the starting price, the remaining 4,000 yuan health insurance center can be reimbursed 4,000 × 86% = 3,440 yuan, you only have to pay 4,000 × 14% = 560 yuan can be, plus the previous 1,000 yuan starting price, you spent 5,000 yuan, you only have to pay 1,560 And this 1560 yuan can also be deducted from your health insurance card (if you usually do not use that card), so you actually hospitalization does not cost much money medical insurance for our young people than the pension insurance is much more important, after all, hospitalization is really too damn expensive, which is to participate in the most important significance of social insurance where the Nanjing City, however, the provisions of the medical insurance must be paid for a period of 25 years to enjoy after retirement, and the whole life, but also to pay the medical insurance. The first thing you need to do is to get a good deal of money to pay for the insurance, and then you have to pay for the insurance. In practice, many people do not pay attention to save evidence, resulting in their inability to enjoy the workers' compensation insurance, which is a pity if you are off duty when hit by a car, then you should quickly call the police, so that the police to investigate the record and take pictures to collect evidence, the police processing will give you after the accident what the certificate of authenticity and so on, you can take this to the unit to ask for the report of the work injury if you have an accident and just let the people run away! And do not look for witnesses and do not report to the police or something, that no evidence of the case will not generally be adopted as a work-related injuries

Work-related injuries there is a statute of limitations, if you have a work-related injury on July 1, 2007, you must immediately report the unit to the police to issue the evidence and the accident identification certificate as well as your work-related injuries to go to the hospital or hospitalized after the medical records to the unit, so that the unit to do the identification of the injury to the unit to take these materials, your unit must do the identification of the injury. Your unit must send your valid materials to the work injury identification center before August 1, 2007, if the day of your injury is more than a month away, the injury may not be identified. If your unit does not give you identification, then you can take the materials to the identification center identification, it is best not to exceed one month, otherwise it will be very troublesome and troublesome

The following maternity insurance

This is also an example of a good, if you are a woman, the monthly salary of 1,000 yuan, January 1, 2007 to pay the maternity insurance, the base of the contribution is 1,189, while you are pregnant in March 2007, you will have to pay the maternity insurance, the base of the contribution is 1189, while you are pregnant. You are pregnant in March 2007, the end of December 2007 gave birth to a child, discharged from the hospital in January 2008, then you have to quickly after the discharge of the marriage certificate (unmarried children can not be reimbursed) + only child certificate (generally speaking, the birth of two children can not be reimbursed) + medical records + build a large and small card examination and hospitalization and surgical costs of all the invoices + hospitalization lists + hospitalization summary of these all the materials to the company, if you are pregnant, the examination cost 500 yuan, if you are pregnant, the examination cost 500 yuan, if you are pregnant, the examination cost 500 yuan. If you are pregnant and spend 500 yuan for examination, hospitalization + surgery when giving birth to a child spent 2000 yuan, in general, the company in the scope of the health insurance can basically reimburse you for all the reimbursement, reimbursement of the money to you include: 500 yuan for examination + 2,000 hospitalization and surgery + 1,189 yuan / month × 4 months = 7,256 yuan, 1,189 yuan / month × 4 months, which is the health insurance center special reimbursement of the girl The subsidy, only the girl claims to get

The state regulations girls reimbursement of maternity insurance must be given 4 months of the average salary, so you give birth to a child reimbursement not only do not spend money but also can earn 4 months of salary!

If you pay more than your salary, for example, if you pay 1,000 yuan for 1,189 yuan, then you have earned it

You have to pay for maternity insurance for at least one year before you can enjoy it, remember to remember

And there is also the question of the boys also pay maternity insurance ah, so can the boys enjoy the maternity insurance?

If you are a man, your wife does not work or work unit does not pay insurance, and she gave birth to a child when you pay maternity insurance has been more than a year, then you can reimbursement of maternity insurance Oh, but in the case of the previous example, you can only reimbursement of 500 yuan of examination fees + 2000 yuan of half of the hospitalization surgical fee = 1250 yuan, subsidies of 1,189 yuan / month x 4 months of salary you You won't be able to enjoy it! This is only when the girl reimbursement can enjoy Oh ~ the same cost, the girl reimbursement will be able to get 7256 yuan, the boy reimbursement can only get 1250 yuan, which is probably one of China's rare "discrimination against men" policy said -- + So, girls want to give birth to a child before it is best to plan for a year in advance to start to find a unit of payment! Maternity insurance, you can earn it! And if a guy wants to marry a wife, he'd better marry a girl who has already paid a year's maternity insurance when she gave birth to a child, and the base amount of payment is higher than her own salary! However, if she really does not have insurance is okay, you can also give her reimbursement of maternity insurance, but you do not subsidize the 4 months of salary to take, and the cost of the newspaper you can only get back half.

Unemployment insurance

Unemployment insurance, this is also to pay a full year to enjoy, generally pay 1 year to get 2 months, pay 2 years to get 4 months, but a lifetime of up to 24 months. For example:

If you start paying insurance on January 1, 2007, in January 2008 you were dismissed by the company, then you can let the company to give you 2 months of unemployment insurance, if the year you are to 1189 of the base payment of insurance, then you can get at least 2 months more than 800 yuan

Or you start paying insurance on January 1, 2007, in January 2008 you and the company contract, you and the company contract, you and the company contract. January 2008 you and the company's contract expires, you do not want to renew the contract then you can also leave the company before the company to give you to get 2 months of unemployment insurance, also more than 800 yuan that is to say the expiration of the contract or the company dismissed, you can get 2 months of unemployment benefits according to the proportion of a year to ask the company to give you to do it, if the company does not give you to do it you can go to the lawsuit, a lawsuit a quasi-prosperity.

But if your contract is not due to resign, then even if you pay a full year can not enjoy the unemployment insurance

As long as the resignation of their own, not to mention the payment of 1 year, is to pay for 10 years of unemployment insurance to the resignation of the time you can not get a penny.

Housing Provident Fund is a good thing

To put it this way, if you pay 200 dollars a month for the provident fund, then the company every month to your account to play 200 dollars, you buy a house when this is 400 dollars, if you pay 50,000 for the rest of your life, then your account is 100,000 dollars, this kind of good thing we must not refuse ah.

Public Provident Fund can be used to buy a house, pay back the loan, renovation and so on, if your own home can find land to build a house, the money to build a house can also be paid from the Public Provident Fund

If you have not been using this money, and finally retired when it seems to be able to take all the money out of the right

[Advanced]Supplementary notes [5KB]

To say that and the The different places of Nanjing, Mordor is not allowed not to pay medical insurance, that is to say, the social security center of this piece, including old age medical unemployment injury maternity together with the enterprise asked to collect, on the contrary, provident fund can be paid not to pay, because it is under the jurisdiction of the provident fund center

Specific social security composition ratio:

Pension insurance: unit each month for you to pay 22%, you own payment 8%;

Medical insurance: the unit pays 12% for you every month, you pay 2%;

Unemployment insurance: the unit pays 2% for you every month, you pay 1%;

Worker's compensation insurance: the unit pays 0.5% for you every month, you don't pay a penny;

Maternity insurance: the unit pays 0.5% for you every month, you don't pay a penny.

Housing Provident Fund: the unit pays 7% per month for you, you pay 7%

Supplementary Housing Provident Fund: the unit pays 8% per month for you, you pay 8% (this is only generally very good efficiency of the state-owned enterprises will have, and the proportion of the company's own decision, the general company to pay for a provident fund even if the moral)

The other thing to say is that the social security and personal injury insurance are not the only things you need to know about the company. Another thing to say is that the relationship between social security and personal tax

In the payment of personal tax, it is the personal deduction that part of the deduction and then calculate the taxable base, but there is a point to note that the provident fund and supplementary provident fund more than 12% of the portion of the (personal and corporate contributions) also need to be counted in the taxable base

For example, the provident fund mentioned above, 7%, the supplementary provident fund of 8%, add up to 15%, then the personal deduction is 15%, then the personal deduction is the taxable base. The 3% part of the personal deduction should be counted in the taxable amount. Meanwhile, the 3% of the enterprise, though not deducted from the individual's salary, should still be counted in the taxable base, which means that the individual has to foot the bill for the personal tax on this expense.

Medicare use of this piece, each place for the transfer of personal accounts in different ways

Love said that the Nanjing kind of monthly transfer into the way, there are a lot of places is the annual transfer

Specifically this is the case, the health care year is every year from April 1 to the next year's March 31, at the same time, social security contributions to the base of the change is also in the first half of April to determine.

Medicare Bureau will be in accordance with each person's social security base on April 1, 1 year of personal health insurance (that is, the 2%) into the personal health insurance card account, but then there is a problem, April 1, the year's social security base has not yet been established, the Bureau of Health Insurance can only be expected in accordance with the previous year's base year's personal health care, so the difference between how to do it? That is, on April 1 of the following year to make up for the undercount or deduct the overpayment

Possibly so large a paragraph may seem to be very troublesome, then we take an example

Someone's average monthly income in 2004 was 5,000 yuan, the average monthly income in 2005 was 4,000 yuan, and the income in 2006 was 6,000 yuan

Medicare Bureau on April 1, 2006 to the The Social Security Center had not yet approved the 2006 contribution base (i.e., the average monthly income in 2005) when the MPS credited the amount to the individual account on April 1, 2006, so the MPS calculated the amount of the individual account for the whole year based on the 2005 contribution base (i.e., the average monthly income in 2004), which was 5000*2%*12=1200,

But in fact, the amount of the individual account for the year should have been 5000 yuan. But in fact the person's personal account amount for the year should be 4000*2%*12=960,

Then this extra 240 yuan will be deducted on April 1, 2007 when the person's personal account amount is 4000*2%*12=960,

Then this excess 240 yuan will be deducted. At the same time, the new year's individual payment credited to the account on April 1, 2007 will still be 960 yuan (actually it should be 6000*2%*12=1440 yuan), and the underpayment of 480 yuan will be made up on April 1, 2008.

So because most people's contribution base is different every year, almost everyone's account totals in March and the amount they see in their accounts in April for the calendar year are different, and that's what the Health Insurance Administration produces when it does its annual cost accounting.

There is also a statute of limitations for work-related injuries, if you have a work-related injury on July 1, 2007, then you must immediately report the unit, the evidence issued by the police and the certificate of accident as well as your work-related injuries after going to the doctor or hospitalized medical records to the unit, so that the unit to take these materials to do the identification of work-related injuries, your unit must be August 1, 2007, before you send the valid materials to the work-related injuries identification center. If the day of your injury is more than one month away, the injury may not be identified. If you do not go to the unit to identify you, then you can take the material to the identification center identification, it is best not to exceed one month, otherwise it will be very troublesome and troublesome

This point has a complementary declaration of work-related injuries, there are two ways, one is the unit to declare, and the same as the above love to say, within 30 days of the validity of the Declaration, there is also a declaration of the personal declaration, valid for one year, but because of the injury or for other reasons, the more time delayed The more you delay, the less evidence you will have, and the more time and effort you will delay if you declare personally because you don't know the process.

In terms of maternity insurance, for miscarriages, difficult deliveries, multiple births, and premature births, you can look specifically at the following link, although it is Shanghai's policy, there are similarities all over the world.

Maybe there is a difference in policy between Shanghai and Nanjing, the company absolutely does not care about this aspect of the reimbursement, are directly linked to the pregnant woman by the medical insurance

During the maternity checkups and births during the hospitalization period, within the scope of the medical insurance co-ordination is the medical insurance co-ordination to pay for, of course, out-of-pocket expenses for the items (such as high-grade wards, out-of-pocket expenses for medicines, etc.) or to bear the burden themselves.

After the birth of the child, they go to the health insurance bureau to apply for maternity benefits, the health insurance bureau to give 3,000 yuan social security piece, and then give three months of the contribution base of the income

later childbearing plus half a month, multiple births, more than one plus half a month

If the previous year's average monthly wage income is greater than the upper limit of the social security contribution base, the social security will only pay the base of that portion of the contribution, and the rest will be paid by the company. The rest is paid by the company

For example, if someone's average monthly wage income in the previous year was 10,000 and the social security base was capped at 7,392.

Then the monthly income given by the social security system is 7,392, and the rest of the 10,000 - 7,392 = 2,608 is paid by the unit.

(Though I think this is a situation that is less likely to be encountered by those of you in the cloud =. =.)

In fact, there are two key points:

1, the birth of a child before the payment of fees for 1 year

2, social security contributions to the base of the normal declaration

So students, especially female students, do not feel that the company declared the base of the high and low does not matter to you, and even for the base of the lower some of their wages to the hands of the higher to celebrate, to the point of time to see the problem to it!

This is why so many female workers would rather stay in the low-wage but social security full declaration of the place to give birth to a child before jumping ship, a small place does not like unmarried female employees, the second maternity insurance is also a large amount of income supplements.

For example, a person's normal salary of 3,000, but the social security base declaration counts her year-end awards and so on other bonus income, then the monthly average may reach 5,000, this time to give birth to a child of those months to take the January 5,000 income.

If you haven't been using the money, you can seemingly take it all out when you finally retire

Not seemingly, but definitely!

And the fact that CPF loans have much lower interest rates than commercial loans is also a big plus.

Extended reading: insurance how to buy, which is good, hand to teach you to avoid the insurance of these "pits"