How to calculate the proportion of endowment insurance payment in Gansu Province

1, payment amount = payment base * payment ratio.

2. The proportion of social security contributions is generally as follows:

Endowment insurance: 20% for units and 8% for individuals;

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

Unemployment insurance: 2% for the employer and 0/%for the individual.

Industrial injury insurance and maternity insurance are entirely borne by enterprises, each at around 1%, and individuals do not need to pay.

3. The payment base is determined according to the individual wage level (within the range of 300%-60% of the local average social wage) and shall not be lower than the minimum payment standard.

If the payment base is 2000, then the individual payment is 2000 * 8% = 160, and the unit payment is 2000 * 20% = 400, and then other calculations are made.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.