What is the contribution ratio of Suzhou social security provident fund?

Because of the implementation of the social security reduction and exemption policy in 2020, the proportion of pension, work injury and unemployment insurance borne by employers has been exempted, but the proportion of other contributions has not changed.

Since 202 1, the social security ratio in Suzhou has been restored to full ratio. Employers normally have to bear 16% of the old-age insurance, 0.45% of the industrial injury insurance and 0.5% of the unemployment insurance, as well as 7% of the medical insurance and 0.8% of the maternity insurance.

Individual workers need to bear 8% of endowment insurance, 2% of medical insurance, 0.5% of unemployment insurance and 5 yuan's critical illness insurance. The contribution ratio of provident fund is 8% for employers and 8% for individuals.

Suzhou social security payment ratio (minimum payment base)