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Can social security and medical insurance be withheld by banks in 2022?
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In order to facilitate residents, especially some individual industrial and commercial households or freelancers, to pay medical insurance and pension funds on time and in full, and to reduce the time for customers to wait in line at the bank counter, many cities in China provide residents with pension insurance and medical insurance payment through bank agent deduction. Simply put, even social security can be withheld directly through the bank.
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