Latest social security base in Wenzhou area

Standard of endowment insurance in Wenzhou City, Zhejiang Province: enterprise burden 18%, individual burden 8%.

First, social security is a kind of insurance required by the state, and employers must purchase social security in full for workers according to law.

Two, the "Social Insurance Law" on the basic old-age insurance, basic medical insurance, work injury insurance, unemployment insurance, maternity insurance and other insurance payment objects made clear provisions:

1, employees shall participate in the basic old-age insurance, and the basic old-age insurance premium shall be paid by both employers and employees. Generally speaking, the endowment insurance is 20% for the unit and 8% for the individual;

2 employees shall participate in the basic medical insurance for employees, and the employer and employees shall pay the basic medical insurance premium in accordance with the provisions of the state. Medical insurance: 8% for units and 2% for individuals;

3. Employees should participate in work-related injury insurance. Employers pay work-related injury insurance premiums, but employees don't. Work-related injury insurance is borne by enterprises, which is around 1%, and individuals don't need to pay it. For enterprises in different regions and industries, the proportion paid by units is slightly different, subject to local regulations.

4. Employees should participate in unemployment insurance, and employers and employees should pay unemployment insurance premiums in accordance with state regulations. Unemployment insurance: unit 2%, individual 1%.

5. Employees shall participate in maternity insurance, and the employer shall pay maternity insurance premiums in accordance with state regulations, while employees shall not pay maternity insurance premiums. Maternity insurance is borne by enterprises, which is about 1%, and individuals do not need to pay it. For enterprises in different regions and industries, the proportion paid by units is slightly different, subject to local regulations.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.