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Zhejiang Changxing social security payment standard
The standards are as follows: endowment insurance: 20% for unit, 8% for individual, medical insurance: 8% for unit, 2% for individual, unemployment insurance: 2% for unit, 1 for individual, work injury insurance and maternity insurance: 1 for unit, and individuals do not need to pay fees.
The social security payment standard is linked to the average wage of the local society to ensure that the payment level is compatible with the level of social and economic development. The social security payment standard also involves the payment ratio of various insurances such as endowment insurance, medical insurance and unemployment insurance. This ratio is adjusted by the state and local governments according to the economic situation and social security needs.
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