Job Recruitment Website - Social security inquiry - What is the ratio of individual five insurances and one gold to salary?
What is the ratio of individual five insurances and one gold to salary?
Legal analysis: If the five insurances and one gold are paid in full and on time, the personal expenses of the five insurances and one gold account for about 15.5% to 22.5% of the monthly pre-tax salary, which is still very high. In addition, the unit has to bear the overall cost equivalent to about 20% to 42% of the employee's monthly salary, which is quite high.
Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC) stipulates that individuals who have participated in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age. Retirement wages can be paid by the social security center from the month after retirement. Please consult the local social security agency for details.
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