How to calculate the unemployment insurance in Hangzhou?

According to the Regulations on Unemployment Insurance in Zhejiang Province, if the payment time exceeds 1 year, and the insured time is less than 1 year, unemployment benefits will not be paid. The standard of one-time living allowance for contract farmers in Hangzhou is determined according to 40% of the total unemployment insurance benefits for urban workers at the same payment time, and unemployment insurance benefits are paid every 8 months, which is calculated as 8 months. At present, the unemployment benefit for urban residents in Hangzhou is 1 176 yuan/month. For those who have completed one year, unemployment benefits will be paid for two months, and for those who have completed one year or more, the longest treatment period will not exceed 24 months.

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