What is the extraction ratio of endowment insurance?

Enterprises pay endowment insurance for employees, which can be paid according to the actual income of employees. If the actual income is lower than the minimum payment base stipulated by the local social security bureau, the endowment insurance shall be paid according to the minimum payment base stipulated by the social security bureau.

Enterprises shall extract the share of paying enterprises according to the proportion of 20% of the payment base, and individuals shall extract and pay their share according to the proportion of 8% of the payment base.

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