Provincial overall planning of endowment insurance for enterprise employees

The proportion of endowment insurance premium paid is 28% of the total wages of enterprise employees, with the maximum not higher than 300% of the average wages of employees in the previous year and the minimum not lower than 60%. Among them, the company pays 20%, the employee pays 8%, and the personal account account number is 1 1%, which is paid by the employee's unit. The renewal insurance premium for flexible employees shall be paid at the rate of 20% of the social wages of this Municipality in the previous year, which is the same as the insurance premium paid by individual industrial and commercial households.

Legal objectivity:

Article 12 of the Social Insurance Law, the employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.