Yancheng social security payment ratio

Legal analysis: Yancheng 2020-202 1 the base and minimum standard of the payment ratio of five insurances and one gold.

Endowment insurance: the company pays 16% and the individual pays 8%;

Unemployment insurance: the company pays 0.5% and the individual pays 0.5%;

Industrial injury insurance: the company pays by industry, and the individual does not pay;

Maternity insurance: the company pays 0.9%, and the individual does not;

Medical insurance: the company pays 7.5% and the individual pays 2%;

Provident fund: the company pays 5- 12% and the individual pays 5- 12%.

Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC) The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens' right to get material help from the state and society according to law in case of old age, illness, industrial injury, unemployment and maternity.