What kind of social security do factories in Wuzhong District, Suzhou ask their employees to pay? What is the role?

Wuzhong District, Suzhou, factories want employees to pay the social security is:

Pension insurance: unit 20%, personal 8%;

Medical insurance: unit 8%, personal 2%;

Unemployment insurance: unit 2%, personal 1%.

Workers' compensation and maternity insurance are entirely borne by enterprises, each at 1 percent.

The state has set up a social insurance system, including basic pension insurance, basic medical insurance, industrial injury insurance, unemployment insurance, and maternity insurance, to protect citizens' right to receive material assistance from the state and society in old age, sickness, industrial injury, unemployment, and childbirth, in accordance with the law.

1. Individuals who have participated in basic pension insurance and have made contributions for a total of fifteen years by the time they reach the legal retirement age receive a basic pension on a monthly basis.

2. Individuals who have participated in basic medical insurance for employees and whose accumulated contributions have reached the nationally stipulated number of years by the time they reach the legal retirement age shall no longer be required to pay basic medical insurance premiums after retirement and shall be entitled to basic medical insurance in accordance with the national regulations; those who have not yet reached the nationally stipulated number of years may pay contributions up to the nationally stipulated number of years.

3. If an employee is injured in an accident or suffers from an occupational disease due to work-related reasons and is recognized as having suffered a work-related injury, he or she shall be entitled to work-related injury insurance benefits; among them, if he or she loses the ability to work after labor capacity appraisal, he or she shall be entitled to disability benefits.

4. Unemployed persons shall receive unemployment insurance benefits from the Unemployment Insurance Fund if they meet the conditions.

5. If an employer has paid maternity insurance premiums, its employees are entitled to maternity insurance treatment; the employee's unemployed spouse is entitled to maternity medical expenses in accordance with state regulations. The required funds are paid from the maternity insurance fund. Maternity insurance benefits include maternity medical expenses and maternity allowances.