What is the personal deduction ratio of social security?

The proportion of individual social security contributions is as follows:

1, endowment insurance: 8% paid by individuals. There are two conditions for receiving pension insurance benefits: you must reach the statutory retirement age and the payment period must reach 15 years or more;

2. Medical insurance: individuals pay 2%. From the date of insurance payment, employees can enjoy basic medical insurance benefits after 6 months;

3. Unemployment insurance: individuals pay 0.4%, and they can only enjoy unemployment insurance after paying for one year. Generally, it is paid for two months in one year and four months in two years, but the longest period of enjoyment cannot exceed 24 months;

4. Housing accumulation fund: the contributions of units and individuals are equal.

Housing provident fund must be deposited continuously for 6 months before it can be applied for use. It has two purposes: one is to apply for loans such as house purchase or decoration, and the other is to withdraw cash directly from the account.

People's Republic of China (PRC) social insurance law

Article 12

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Article 33 Employees shall participate in work-related injury insurance, and the employer shall pay the work-related injury insurance premium, while employees shall not pay the work-related injury insurance premium.