Guangzhou Social Security Fund Administration

Guangzhou Social Insurance is a social security system established by the state through legislation, with the purpose of enabling workers to obtain material assistance from the society (the state) in the event of their loss of labor capacity, temporary interruption of their labor or interruption of their employment, and loss of their own livelihood and that of their dependent family members, due to old age, illness, disability, maternity, unemployment or death, and the loss of their livelihood source. Social insurance is a system that is implemented by a specialized agency provided for by law, and which is set up for workers to receive a certain level of income compensation for the loss of income from work by raising funds from workers and their employers. Social insurance consists of five main types of insurance: old-age, work-related injuries, maternity, unemployment and medical care (major illnesses). As a social security undertaking, the nature of social insurance is fundamentally different from that of commercial insurance, which is compulsory, protective, welfare and social in nature. Employers and employees should participate in social insurance in accordance with the law, and enjoying social insurance is the legitimate rights and interests of every laborer. Unlike the commercial insurance of insurance companies in the market, social security is coordinated by the state, is non-profit in nature, and is the protection of the public. For the unregistered offices and branches, we can help our employees to realize local insurance through social security outsourcing with the help of the third-party platform of Guangzhou Junbao Human Resources Co. The five characteristics of social insurance: ① the objective basis of social insurance, is the risk that exists in the field of labor, the subject of insurance is the worker's person; ② the subject of social insurance is specific. Including workers (including their relatives) and the employer; ③ social insurance is mandatory; ④ the purpose of social insurance is to maintain the reproduction of labor force; ⑤ insurance fund from the employer Guangzhou Junbao Human Resources Limited and workers' contributions and financial support. The scope of insurance object is limited to employees, excluding other members of the society. The scope of insurance content is limited to various risks in labor risks, excluding other risks such as property, economy and so on. The contribution base is adjusted in July every year:Guangzhou social security is divided into unit part and individual part: Pension insurance: the proportion of paying unit: 20% for foreign-funded units, 18% for provincial units, and 12% for private units; 8% for individuals,. Medical insurance: unit proportion: 7%, individual 2%. Unemployment insurance: unit proportion: 0.2%, individual 0.1%. Work-related injuries: unit rate: 0.4%, individuals do not have to pay. Maternity: 0.85% for the unit, no contribution for the individual. Critical illness: 9.83. Adjustment of the contribution base in July every year: 1. 2009.07~2010.06 social insurance contribution base range: pension insurance: 1472~8277 yuan; medical care, maternity: 2268~11,340 yuan; industrial injury, unemployment: 1100~11,340 yuan; critical illnesses: a fixed base of 3,780 yuan.2. Local urban household registration fees: Local urban household unit contribution: 355.12 yuan Local urban household individual contribution: 159.95 yuan 3. Rural household individual unemployment portion does not have to pay. Rural household units to pay fees: 355.12 yuan; rural household units to pay fees: 157.94 yuan. 4, for the foreign population of the maternity insurance, the unit should consult the employee's willingness to be selective enough to buy.