Pension insurance unit contribution ratio in 2019

The formula for calculating the monthly payment of social security costs is as follows: the amount of the unit contribution = the unit social security contribution ratio multiplied by the unit social security contribution base the amount of the individual employee's contribution = the individual social security contribution ratio multiplied by the individual social security contribution base. Generally speaking, the social security unit and individual contribution ratio is as follows: 1, pension insurance: unit contribution ratio of 20%, the individual contribution ratio of 8%; 2, medical insurance: unit contribution ratio of 8%, the individual contribution ratio of 2%; 3, unemployment insurance: unit contribution ratio of 2%, the individual contribution ratio of 1%.

The Full Text of the Social Insurance Law of the People's Republic of China Article 12 The employer shall pay the basic pension insurance premiums in accordance with the proportion of the total wages of the employees of the employer as stipulated by the State, which shall be credited to the Basic Pension Insurance Coordination Fund. Employees shall contribute to the basic pension insurance fund in the proportion of their own wages as prescribed by the State, and such contributions shall be credited to their individual accounts. Individual industrial and commercial households without employees, part-time workers who do not participate in the basic pension insurance of the employer, and other flexibly employed persons to participate in the basic pension insurance shall pay the basic pension insurance premiums in accordance with the provisions of the State, which shall be credited to the basic pension insurance fund and individual account respectively.