Quzhou social security five insurance individual payment

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Quzhou endowment insurance payment ratio:

The basic old-age insurance premium is paid jointly by the enterprise and the insured according to different payment ratios.

20% of the total wages paid by the unit;

8% of wages paid by individuals;

(The part of my payment salary that is 3 times higher than the average salary of local employees is not included in the payment base, and the part that is lower than 60% of the average salary is based on 60%, that is, "300% is capped and 60% is guaranteed". )

Old-age insurance, the full name of social basic old-age insurance, is a social insurance system established by the state and society in accordance with certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age.

Endowment insurance is an important part of social security system and one of the five most important social insurances. The purpose of endowment insurance is to protect the basic needs of the elderly and provide them with a stable and reliable source of life.