Shanghai social security accumulation fund payment ratio

Legal analysis: the deposit ratio of housing provident fund is 5% 12%, which means it cannot be lower than 5% or higher than 20%. For the old employees who have worked for one year, the deposit base of the housing provident fund is the average monthly salary of the employees themselves in the previous year. New employees start to pay fees from the second month, and the payment base is the monthly salary of the employee in that month. How much employees pay, the unit needs to pay in the same proportion, and the sum of the amounts paid by units and individuals is the total amount of employees' provident fund.

Legal basis: Article 16 of the Regulations on the Management of Housing Provident Fund, the monthly contribution of employees' housing provident fund is the average monthly salary of employees in the previous year multiplied by the contribution ratio of employees' housing provident fund. The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year multiplied by the proportion of housing provident fund paid by the unit. Seventeenth new employees began to pay the housing provident fund from the second month of work, and the monthly deposit amount was the employee's own salary multiplied by the employee's housing provident fund deposit ratio. The newly transferred employees of the unit shall pay the housing provident fund from the date when the transferred employees pay their wages, and the monthly deposit amount shall be the employee's monthly salary multiplied by the employee's housing provident fund deposit ratio. Eighteenth employees and units housing provident fund deposit ratio shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee and submitted to the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for approval after being audited by the people's governments at the corresponding levels.