How does pension and medical insurance work?

The standard monthly social insurance contribution for insured persons is divided into four grades: . The lowest grade (40%): the pension contribution consists of old age, basic medical care + mutual aid for major illnesses (8.5% + 1%), maternity insurance *** with the same composition, the monthly contribution amount *** 548.57 yuan: a grade (60%): the monthly contribution amount of 692.37 yuan: the second grade (80%): the monthly contribution amount of 835.97 yuan: the third grade (100%): the monthly contribution amount of 979.77 yuan.... It is common in all regions to use 60-300 percent of the average social wage as the base for social security contributions, with those whose average wage is less than the lower limit counted according to the lower limit, and those whose average wage is more than the upper limit counted according to the upper limit.

Each city has a different economic level and a different base for social security contributions. However, the national policy to be followed is the same, and the proportion of social security contributions is roughly the same across the country.

For pension insurance, the company pays 16% and the individual pays 8%.

Medical insurance, the company pays 10 percent and the individual pays 2 percent.

Maternity insurance, the company rate is 0.8%, individuals do not have to contribute.

Unemployment insurance, the company rate is 0.8%, the individual rate is 0.2%.

Workers' compensation insurance, the company rate is 0.2%-1.9%, and individuals do not have to contribute.

Individual cities are slightly different, such as medical insurance, Wuhan, the company's contribution is 10%, the individual proportion is 2% + 3 yuan. Wuhan's large medical insurance is 7 yuan. This calculation, Beijing work a month, the unit and individual monthly contributions total at least 1636.40 yuan, while working in Wuhan is 1349.59 yuan.