Proportion of individuals and units paying social security fees in 2022

The proportion of social security contributions and individual social security contributions in 2022 are as follows:

1. Endowment insurance: 20% for the unit and 8% for the individual.

2. Medical insurance: unit contribution rate 10%, individual contribution rate 2%.

3. Unemployment insurance: unit contribution rate 1%, individual contribution rate 0.5%.

4. Maternity insurance: the unit contribution rate is 1%, and individual contributions are not paid.

5. Work-related injury insurance: the unit contribution rate is 0.5%, and individuals do not pay.

Monthly payment of various social insurance premiums

Monthly payment amount of various social insurance premiums = σ (monthly payment base of various insurances for employees × payment ratio of various insurance units+monthly payment base of various insurances for employees × payment ratio of various insurance individuals)

The payment amount of endowment insurance is equal to the payment base multiplied by the payment ratio. Generally, the contribution rate of employees in the unit is 8% of the contribution base borne by employees themselves, but places like Guangdong Province and Zhejiang Province also have 14%.

The contribution ratio of flexible employees is generally 20% of the payment base I choose, but Shanghai and other places are also 24%.

Social security contribution rate

The existing old-age insurance system does have some problems, such as different upper and lower limits of payment base, different calculation base and different local subsidies. It is true that the payment base is the same and the amount of money is the same, but the pension benefits are different.

In fact, 2022 is the first year of endowment insurance for enterprise employees in China. The provincial endowment insurance systems have been connected to the national overall planning information system one after another. In the future, various policies such as payment rate, payment base, payment base, treatment items and treatment adjustment will be unified.