How to deduct social security

Legal analysis: social security deduction is divided into two situations.

1. Withholding and remitting by the company: when paying, both the individual payment part and the company payment part shall be paid according to the regulations, and only one of them shall not be paid.

Endowment insurance, units and individuals pay 22% and 8% respectively.

Medical insurance, units and individuals pay 12% and 2% respectively.

Unemployment insurance, units and individuals pay 2% and 1% respectively.

Maternity insurance units pay 0.50%, and individuals do not pay.

Work-related injury insurance units pay 0.50%, and individuals do not pay. The social security agency will transfer it together with the transfer next month. If the transfer fails for three consecutive months, the social insurance payment business of the payer will be stopped. If you want to settle the social security fee you owe, you should apply for deduction again at the personal payment window of the social security management station in your street.

2. Personal payment is withheld by the bank: you need to go to the local social security bureau to handle the bank withholding business, deposit money into the bank card every month, and the bank directly deducts money.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Twelfth the employer shall pay the basic old-age insurance premium in accordance with the proportion of the total wages of employees stipulated by the state, and incorporate it into the basic old-age insurance fund.

Twenty-fifth basic medical insurance for urban residents to implement the combination of individual contributions and government subsidies.