Provisions of the Ministry of Personnel and Social Security on the deposit price of social security and medical insurance

Basic medical insurance payment and personal account management.

1. Ministry of Human Resources and Social Security official website of the National Medical Insurance Bureau shows that the basic medical insurance premium is paid at 2% of my average salary last year. Before the implementation of the regulations, if you retire after taking part in the work and pay the basic medical insurance premium for less than the period specified in the preceding paragraph, you will enjoy the basic medical insurance benefits for retirees and no longer pay the basic medical insurance premium after making up the basic medical insurance premium that employers and individuals should pay at one time. As determined by the administrative department of labor and social security, if the continuous length of service or working years of employees meet the requirements of the state, it shall be regarded as the payment period of basic medical insurance. Part of the basic medical insurance fund raised in that year bears interest at the bank deposit rate, and the principal and interest of the fund carried forward from last year bear interest at the bank deposit rate of three months lump sum, which is deposited in the financial special account of social security fund, and bears interest at the lump sum deposit rate of three years, which is not lower than the interest rate of this grade.

2. The personal account consists of the following items: the basic medical insurance premium paid by employees, the basic medical insurance premium paid by the employer that is included in the personal account according to regulations, the interest on the amount stored in the personal account and other funds that are included in the personal account according to law. The amount of personal account deposit is calculated with reference to the bank deposit interest rate for the same period. The principal and interest of an individual account are owned by the individual.