Jiangsu social security payment ratio

The collection ratio of social insurance premiums in Jiangsu Province is: 20% for old-age insurance units and 8% for individuals; Unemployment insurance unit 2% individual1%; 8% for medical insurance units and 2% for individuals; Industrial and commercial insurance units and individuals do not pay fees; Maternity insurance unit 1%, individuals do not pay. According to China's Social Insurance Law, employers should pay social insurance for employees within 30 days after employment.

1. What is the collection ratio of social insurance premiums in Jiangsu Province?

The proportion of social insurance contributions in Jiangsu Province is generally as follows:

1 endowment insurance: 20% for the unit and 8% for the individual;

2. Medical insurance: 8% for units and 2% for individuals;

Unemployment insurance: unit 2%, individual1%;

4 Work-related injury insurance is entirely borne by the enterprise, at around 1%, and individuals do not need to pay it;

Maternity insurance is also borne by enterprises, which is about 1%, and individuals do not need to pay it.

Second, the proportion of social insurance contributions.

endowment insurance

1, the average monthly salary of employees in the year above the individual contribution is the base (the minimum number is 60% of the salary of employees in the whole city in the previous year; The highest figure is 8% of the city's employees' wages in the previous year.

2. The unit payment is paid according to 22% of the average monthly salary of the employee in the previous year. Ministry of Human Resources and Social Security adjusted the size of individual pension account from 1 1% of my salary to 8%. The previous policy was that individual contributions and 3% unit contributions were all included in individual pension accounts, and unit contributions 19% were transferred to social pooling, while the new policy also included 3% of unit contributions in social pooling to solve the problem of empty accounts in pension accounts.

medical insurance

The proportion of medical insurance payment (at least 60% of the employee's salary in the previous year): unit 10%, individual 2% 3 yuan;

unemployment insurance

Unit 1%, (urban) individuals (rural) individuals do not pay.

employment injury insurance

According to the industry scope divided by the unit, the industrial injury rate is determined, and the industrial injury rate is between ~2%;

maternity insurance

Payment ratio: units and individuals do not pay.

Third, the calculation method

Taking the pension in social security as an example, the calculation formula of basic pension is as follows:

Basic pension = basic pension, personal account pension and transitional pension = the average monthly salary of employees in the whole city in the previous year before retirement ×20% (15 if the payment period is less than15), and the sum of principal and interest of personal account ÷ 120.

Indexed monthly average payment salary ×1payment period before the end of 1997 ×, basic pension for enterprise employees = basic pension, personal account pension and transitional pension = monthly average salary of employees in the whole city in the year before retirement ×20% (insufficient payment period 15 is 15%).

Personal account principal and interest and ÷ 120 indexed monthly average payment salary × payment period ×, basic pension "newcomer" = basic pension.

Personal account pension. The basic pension is calculated and paid according to 20% of the average monthly salary of employees in this city in the previous year when I retire, and the personal account pension is calculated and paid according to the amount stored in my account divided by 120.

The payment base and compensation base of social insurance in China are linked to the average salary of last year. So the higher the average wage level, the better the welfare of social insurance. Moreover, in fact, the proportion paid by the unit is much higher than that paid by the individual, so social insurance can be said to be completely the welfare given by society to employees.