Minimum payment base of Hangzhou provident fund

According to the regulations of Hangzhou, the minimum payment base of the provident fund is 65438+ 0.5 times of the local minimum wage, that is, 2730 yuan per month. Units and individuals shall jointly pay according to the proportion of provident fund deposit, with the specific proportion of unit deposit 12% and individual deposit 12%.

According to the Regulations of Hangzhou Municipality on Housing Provident Fund Management, the minimum payment base of Hangzhou Provident Fund is determined according to the local minimum wage standard 1.5 times. As of May 2023, the minimum wage in Hangzhou is 1.820 yuan per month, so the minimum payment base is 65438+ 1.820 yuan's 0.5 times, that is, 2730 yuan per month. This also means that the minimum payment standard for any employee in Hangzhou, regardless of his salary, should be 2730 yuan per month. At the same time, the provident fund is jointly paid by units and individuals, and the contribution ratio of units and individuals is 12%. It should be noted that there is a maximum amount of provident fund payment and a suggested amount. According to the regulations of Hangzhou, the total amount of provident fund paid by units and individuals shall not exceed 12 months of my average monthly salary in the previous year. According to the national suggestion, the total amount of provident fund deposit is generally not less than 20% of my average monthly salary in the previous year. At the same time, it should be noted that Hangzhou has cancelled the policy of "capping the provident fund", that is, the amount paid by employees is no longer limited by the maximum amount, and units and individuals can agree on the amount paid by themselves. This also means that if employees are willing, units and individuals can increase the amount of provident fund contributions within a reasonable range.

Can the base of provident fund payment be adjusted by itself? Under the policy of Hangzhou, the base of provident fund payment is stipulated by the local government and cannot be adjusted at will. Employees should pay the provident fund according to the stipulated minimum payment base, and at the same time pay attention to abide by relevant policies, so as not to cause unnecessary legal problems.

Provident fund is a very important social security system, which is related to the fundamental interests of employees. When paying the provident fund, employees should abide by the relevant policies and regulations, declare and pay the provident fund according to a reasonable deposit amount, and ensure that their rights and interests are not harmed.

Legal basis:

Article 13 of the Regulations of Hangzhou Municipality on the Administration of Housing Provident Fund, the deposit base of employees' housing provident fund shall not be less than 1.5 times of the minimum wage standard of this Municipality, and the maximum shall not exceed 12 months of the average monthly wage of this Municipality in the previous year.