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How much does Jiangsu social security pay a year?
The old-age insurance rate is: unit 19%, individual 8% (unit employment), 20% (there are three levels of flexible employment: 40%, 60%, 100% of the average wage of the previous year), medical insurance rate is: unit 8%, and individual 2% unemployment insurance is: unit/kloc. The minimum payment for endowment insurance should be 15 years, reaching retirement age.
Legal objectivity:
Article 11 of the Social Insurance Law, the basic old-age insurance shall combine social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies. Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.
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