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Suzhou Industrial Park social security calculation
Legal analysis: Suzhou Industrial Park social security: the amount of monthly contributions to the basic pension insurance for flexibly employed persons is calculated at the rate of 20% of the contributions as well as the amount of monthly contributions to the basic medical insurance is calculated at the rate of 5% of the contributions; Class B personal account: pension: 8%; medical 3%; co-ordinated account: pension 13%; medical 2%; work-related injuries 1%; unemployment 1%; maternity 0.8%. A personal account: pension personal 2%, etc.; co-ordinated account: special supplement 5%; pension 8%; medical 2%, etc..
Legal basis: "the Chinese people's *** and the Constitution of the State" Article 45, paragraph 1 The Chinese people's *** and the citizens of the State of China in old age, disease or loss of working capacity, have the right to material assistance from the State and society. The State shall develop the social insurance, social relief and medical and health services necessary for citizens to enjoy these rights.
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