What does account migration mean in social security?

This month, the amount of insurance paid by the unit is included in the total personal account in proportion, and the amount of insurance paid by the individual is included in the total personal account in proportion.

Proportion of social insurance payment base:

Proportion of basic old-age insurance: According to the Decision of the State Council on Establishing a Unified Basic Old-age Insurance System for Enterprise Employees, the proportion of basic old-age insurance premiums paid by enterprises (hereinafter referred to as enterprise contributions) generally does not exceed 12% of the total wages of enterprises (including the part transferred to personal accounts), and the specific proportion is determined by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government. A few provinces, autonomous regions and municipalities directly under the Central Government should report to the Ministry of Labor and the Ministry of Finance for approval if it is really necessary to exceed 20% of the total wages of enterprises because of the large number of retirees and the heavy burden of endowment insurance.

Proportion of collection and payment of basic medical insurance premium: According to the Decision of the State Council on Establishing the Basic Medical Insurance System for Urban Employees, the basic medical insurance premium is paid by both employers and employees. The employer's contribution rate should be controlled at about 6% of the total wages of employees, and the employee's contribution rate is generally 2% of his salary income. With the development of economy, the contribution rates of employers and employees can be adjusted accordingly.

Unemployment insurance premium collection ratio: According to the Unemployment Insurance Regulations, urban enterprises and institutions pay unemployment insurance premium at 2% of their total wages. Workers in urban enterprises and institutions pay unemployment insurance premiums at 0% of their wages. Farmers contract workers recruited by urban enterprises and institutions do not pay unemployment insurance premiums. The people's governments of provinces, autonomous regions and municipalities directly under the Central Government may, with the approval of the State Council, appropriately adjust the unemployment insurance rates in their respective administrative regions according to the number of unemployed people and the amount of unemployment insurance funds.

Proportion of work-related injury insurance premiums: According to the Trial Measures for Work-related Injury Insurance for Enterprise Employees, work-related injury insurance premiums are paid by enterprises according to a certain proportion of the total wages of employees, and individual employees do not pay work-related injury insurance premiums. Work-related injury insurance premiums are subject to different rates according to the casualty risks and occupational hazards of various industries. The labor administrative department shall evaluate the safety and health status of the enterprise in the previous year and the cost of work-related injury insurance, appropriately adjust the work-related injury insurance rate of the enterprise in the next year, and implement a floating rate.

The collection ratio of maternity insurance premium: According to the Trial Measures for Maternity Insurance for Enterprise Employees, the extraction ratio of maternity insurance premium is determined by the local people's government according to the number of family planning children, maternity allowance, maternity medical expenses and other expenses, and can be adjusted in time according to the expenses, but the maximum shall not exceed 1% of the total wages. Maternity insurance premiums paid by enterprises are included in the management expenses of enterprises as the period expenses. Self-employed workers do not pay maternity insurance premiums.