Minimum standard of five insurances and one gold in Weihai

As of 202 1, the minimum payment standard for five insurances and one gold in Weihai is 16% of the total salary, of which 8% and 2% are paid for endowment insurance and medical insurance respectively. The social security benefits enjoyed by employees include basic old-age insurance, basic medical insurance, unemployment insurance, work injury insurance, maternity insurance and housing accumulation fund.

The payment standard of five insurances and one gold in Weihai City is mainly determined according to the average wage level of local residents and the wage guideline of the whole province. As of 202 1, the minimum payment standard for five insurances and one gold in this area is 16% of the total salary, in which the contribution ratio of endowment insurance and medical insurance is 8% and 2% respectively. Specifically, social security benefits in Weihai include basic old-age insurance, basic medical insurance, unemployment insurance, industrial injury insurance, maternity insurance and housing accumulation fund. Among them, basic old-age insurance and basic medical insurance are compulsory, and other social security projects can choose whether to participate according to personal wishes. It should be noted that the payment standard of five insurances and one gold in Weihai is increasing year by year, and the social security benefits of employees are also improving. In addition, in recent years, various localities are also promoting the reform of the social security system to improve the social security benefits and security level of employees.

Can an individual get relevant medical insurance without participating in five insurances and one gold in Weihai? If you don't participate in five insurances and one gold in Weihai, you won't enjoy the basic medical insurance benefits provided by the local government. However, individuals can still choose to buy insurance products such as commercial medical insurance to obtain personal medical security. In addition, you can also choose to go to medical institutions such as community health service centers or private hospitals, but the expenses must be borne by yourself.

The payment standard of five insurances and one gold in Weihai is mainly determined according to the average wage level of local residents and the wage guideline of the whole province. Employees should strengthen their understanding of social security policies, participate in social security as required, and safeguard their legitimate rights and interests. At the same time, individuals who have not participated in social security can choose to purchase insurance products such as commercial medical insurance to obtain personal medical security.

Legal basis:

Article 21 of the Social Insurance Law of People's Republic of China (PRC), the employing unit shall pay social insurance premiums for eligible workers according to law.