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What is the proportion of social security paid by the company?
Medical insurance: 2% for individuals and 6% for units;
Endowment insurance: 8% for individuals and 20% for units;
Unemployment insurance: individual 1%, unit 2%;
Industrial injury insurance: unit1%;
Maternity insurance: unit1%;
The expenses of work-related injury and maternity insurance shall be borne by the unit, not by the individual.
Provident fund deposit ratio: 5%- 12%.
Legal basis: Article 2 of People's Republic of China (PRC) Social Insurance Law The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance. To ensure citizens' right to receive material assistance from the state and society in accordance with the law in cases of old age, illness, work injury, unemployment and maternity.
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