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Does Shenzhen factory social security include pension?
The factory is an enterprise unit, and the social security of the unit includes:
Endowment insurance: the unit pays 20% per month and 8% by itself;
Medical insurance: the unit pays 9% per month and 2% by itself;
Unemployment insurance: the unit pays 2% per month and pays1%by itself;
Work-related injury insurance: the unit pays 0.4% per month without paying a penny;
Maternity insurance: 0.7% per month, without paying a penny;
This is generally the case all over the country, but it will be slightly different in different regions.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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