Minimum wage standard of provident fund: the contribution ratio of provident fund shall not be less than 5% of employees' wages, and the county (city) that initially established the housing provident fund system may be appropriately lower than this ratio. The maximum contribution ratio of the unit can be increased to 15% of the employee's salary, and the individual contribution ratio can be increased to 1% of the employee's salary.

for employees who have joined the work since December 15th, 1998, the proportion of housing accumulation fund paid by the unit can reach 25% of the employee's salary at the highest, and the proportion paid by individuals shall not be lower than 1% of the employee's salary, but not higher than 15%.

calculation method of deposit base of provident fund:

monthly deposit base of employee housing provident fund = total wages of employees in the previous year ÷12. Employee housing provident fund monthly deposit = employee individual housing provident fund monthly deposit+unit-funded housing provident fund monthly deposit. Employee individual housing provident fund monthly deposit amount = employee housing provident fund monthly deposit base × employee housing provident fund deposit ratio.

the monthly deposit amount of unit-subsidized housing provident fund = the monthly deposit base of employee housing provident fund × the deposit ratio of unit housing provident fund. The monthly deposit amount of employee housing provident fund shall be rounded to the nearest yuan.

the monthly deposit amount of individual provident fund is the average monthly salary of employees in the previous year multiplied by the proportion of employees' provident fund deposit; The monthly deposit amount of the provident fund paid by the unit for the employees is the average monthly salary of the employees in the previous year multiplied by the deposit ratio of the unit provident fund. The deposit ratio of units and individuals can be chosen by themselves from 5% to 12%, and the individual deposit ratio should be equal to or higher than the unit deposit ratio.

what are the above references? Baidu Encyclopedia-Provident Fund Deposit