Xiamen provident fund payment standard

Legal analysis: the highest contribution ratio of Xiamen provident fund is 12%, and the lowest is 5%, which means that although loss-making units can apply for reducing the contribution ratio, they cannot be lower than this range.

Legal basis: Article 18 of the Regulations on the Management of Housing Provident Fund stipulates that the deposit ratio of housing provident fund for employees and units shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee and submitted to the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for approval after being audited by the people's governments at the corresponding levels.

Article 12 of the Regulations of Xiamen Municipality on the Management of Housing Provident Fund shall pay the housing provident fund in full monthly, and shall not pay it overdue or underpaid.

Units with operating losses in the previous year, or units that have been approved by the local tax authorities to postpone the payment of pensions and unemployment insurance benefits, can reduce the proportion of housing provident fund deposit or postpone the payment of housing provident fund after being discussed and approved by the workers' congress or trade union of the unit and reported to the management Committee for approval after being audited by the management center; After the economic benefits of the unit improve, it will return to the prescribed deposit ratio or pay back the deferred payment. After the downward adjustment, the deposit ratio of housing provident fund for units and employees shall not be less than 5%. Reduce the proportion of housing provident fund deposit or postpone the withdrawal of housing provident fund for no more than one year. Where an extension is required due, the unit shall reapply.