Changsha social security payment base

1. Pension insurance enterprises pay 16%, individuals pay 8%; 2. Medical insurance enterprises pay 8%, individuals pay 2%; 3. Major illness/supplementary/large medical insurance enterprises pay 80%, individuals pay 20%, with a base of 8; 4. Unemployment insurance enterprises pay 0.7%, individuals pay 0.3%; 5. Workers' compensation insurance individuals don't need to contribute The enterprises apply different rates according to the type of industry.

Article 64 of the Social Insurance Law of the People's Republic of China includes the basic pension insurance fund, the basic medical insurance fund, the industrial injury insurance fund, the unemployment insurance fund and the maternity insurance fund. Each social insurance fund maintains separate accounts in accordance with the type of social insurance, and accounts are kept in separate accounts, implementing the State's unified accounting system. Social insurance funds are earmarked for specific purposes, and may not be appropriated or misappropriated by any organization or individual. The basic old-age insurance fund is gradually being centralized at the national level, while other social insurance funds are gradually being centralized at the provincial level, with the specific timing and steps to be stipulated by the State Council. Article 65 of the Social Insurance Law of the People's Republic of China realizes the balance of income and expenditure of the social insurance fund through the budget. The people's governments at or above the county level shall subsidize the social insurance fund in the event of a shortfall in payments.