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What are the two kinds of social security in China?
Individuals pay social security in two forms.
1, paid by the company.
Units and individuals pay together in proportion, and the individual part pays 8% of the average salary of the individual in the previous year, with medical insurance 2% and unemployment insurance 0.5-1%;
2 individuals pay social insurance for flexible employees.
Pay in accordance with the prescribed payment base and proportion, which varies from place to place. Endowment insurance is generally paid at the rate of 18-28%, and medical insurance is generally paid at the rate of 6- 10% of the local average wage level in the previous year.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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