What does the reduction of social security in Ningbo mean?

Ningbo social security relief policy: In 2020, the exemption period of pension, unemployment and work-related injury units in Ningbo will be extended to 65438+February, and medical units will resume full collection in July, accounting for 9.7%.

Specific reduction and exemption ratio of social security in Ningbo in July-65438+February:

1, the proportion of unit endowment insurance in Ningbo: from 14% to 0%;

2. Unemployment insurance ratio in Ningbo: reduced from 0.5% to 0%;

3. The proportion of industrial injury insurance in Ningbo decreased from 0.9% to 0%. 5438+1June, Ningbo social security expenses 1358.2 yuan, and 770.7 yuan after the social security expenses were reduced in July and June, which was 587.5 yuan less than that in 5438+1June.

People's Republic of China (PRC) social insurance law

Twenty-seventh individuals who participate in the basic medical insurance for employees, when they reach the statutory retirement age, will no longer pay the basic medical insurance premium after retirement and enjoy the basic medical insurance benefits in accordance with state regulations; Those who have not reached the fixed number of years prescribed by the state may pay the fees to the fixed number of years prescribed by the state.

Twenty-eighth medical expenses that meet the basic medical insurance drug list, diagnosis and treatment items, medical service facilities standards and emergency treatment and rescue shall be paid by the basic medical insurance fund in accordance with state regulations.

Twenty-ninth medical expenses of the insured shall be paid by the basic medical insurance fund, and shall be directly settled by the social insurance agency, medical institutions and pharmaceutical business units. The administrative department of social insurance and the administrative department of health shall establish a settlement system for medical expenses in different places to facilitate the insured to enjoy the basic medical insurance benefits.