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20 19 Quzhou social security payment ratio
Pension insurance payment ratio: 20% for the unit (all included in the overall fund) and 8% for the individual (all included in the personal account).
The proportion of medical insurance payment: 8% for the unit and 2% for the individual.
Unemployment insurance payment ratio: 2% for the unit and 0/%for the individual;
Work-related injury insurance payment ratio: the unit pays 1% for you every month, and you don't have to pay a penny yourself;
Maternity insurance payment ratio: the unit pays you 1% every month, and you don't have to pay a penny yourself;
Payment ratio of provident fund: 5%- 12%, within which the employer can decide and adjust, generally 8%. Individuals and employers make equal contributions 1: 1.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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