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Songzi City 2008 100% Flexible Social Security Payment Standard

Songzi City in 2008 100% flexible social security payment standard is 20%.

According to the State Council's decision on improving the basic old-age insurance system for enterprise employees, the base of payment for urban individual industrial and commercial households and flexible employees to participate in the basic old-age insurance is the average salary of local employees in the previous year, and the payment ratio is 20.

Therefore, the contribution rate of endowment insurance is 20%. There is no specific policy on the payment ratio of medical insurance, which is generally within 12%.