How to handle the overall quota of Penglai endowment insurance

Go to the local district and county (some areas are townships) social security bureau to handle it.

The total social security payment is 28% of the local average salary in the previous year, of which 20% goes into the overall account and 8% goes into the personal account.

As long as you deposit enough money into your social security payment account, the social security bureau will automatically deposit the money into each account in proportion.

Generally, how much money to pay each month, the staff will help you calculate it when handling it, according to the local social salary of the previous year. When individual industrial and commercial households or other flexible employees participate in old-age insurance, they shall pay the basic old-age insurance premium according to 20% of the average monthly salary of employees on the job.