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20 19 hong kong social security system
The main change of this new social security policy reform is that enterprise employees pay social security. In the past, some departments didn't know the specific salary of employees, so they asked enterprises to pay according to the minimum payment standard. Now it is levied by the tax bureau, and all employees of the enterprise must pay the corresponding social security amount according to their salary base. This change will not have any impact on our social security transfer, and our social security will be transferred according to the previous method. Employees who have paid social security for 10 years in one place can go through the corresponding retirement procedures in their place, and you can also transfer your old-age insurance if you want to go elsewhere.
20 19 social security reform should have the greatest impact on enterprises. Enterprises must pay social security according to the actual wages of our employees, and the company may have to help our employees pay more money. It is also a good thing for our employees to protect our rights.
In this reform, our social security transfer still follows the previous way, and there is basically no change. Our social security policy has become stricter and more standardized.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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