Fujian social security payment ratio

At present, the contribution rate of basic old-age insurance for employees in Fuzhou is 26%, of which the unit bears 18% and the individual bears 8% (the contribution rate of flexible employees is 20%, all of which are borne by individuals); The proportion of maternity insurance payment is 0.7%; Work-related injury insurance shall be paid according to the provisions of Document No.29 issued by the Ministry of Labor and Social Affairs (2003) and the business scope of the enterprise, and shall be implemented at 2% or 1% or 0.5%. Maternity insurance premiums for work-related injuries are paid by the insured units, and individual employees do not pay them.

Social security contribution ratio: composed of individual contribution and unit contribution. The amount of social security contributions varies from region to region, and the base is the total wages. Because the payment base and compensation base of the five major social insurance types, such as pension, work injury, medical care, maternity and unemployment, are all linked to the average salary of employees on the job last year, the increase of the average salary level will bring about the adjustment of various social insurance types.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.