The provident fund ratio of state-owned enterprises shall not exceed 12% of employees' wages, and the minimum shall not be less than 5% of employees' wages. The contribution ratio of employees and units to the housing provident fund shall not be less than 5% of the employees' average monthly salary in the previous year.

1. How much is the provident fund per month?

1. Provident fund payment amount = average salary of employees in the previous year * payment ratio.

2. For example: If the provident fund payment ratio is 10% and your monthly salary is 1,000 yuan, 100 yuan will be deducted from your salary every month, and the company will help you pay another 100 yuan into your provident fund account. 200 yuan will be deposited into it every month.

3. Housing provident fund payment ratio: The basic housing provident fund payment ratio is: 12% for units and 9% for individuals, and the housing provident fund payment ratio for units and individual employees must not exceed 12%; each paying unit The housing provident fund payment ratio can be appropriately reduced in stages according to its own production and operation conditions, but the minimum payment ratio shall not be less than 5%.

4. Housing provident fund refers to state agencies, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions, private non-enterprise units, social groups and their employees Contributions to long-term housing savings.

2. How much is deducted from provident fund every month?

1. The so-called social insurance is now usually referred to as "five insurances and one fund". Specifically, the five insurances refer to: pension insurance, medical insurance, unemployment insurance, maternity insurance and work-related injury insurance; one fund refers to: housing fund.

2. "Housing provident fund"; the specific proportion of units and individuals is 50% each, which is calculated based on the individual's average annual salary. The state stipulates that the housing provident fund shall not be less than 10% of the salary, and the unit with good efficiency can be higher, with employees and units each bearing 50%. Therefore, it is more cost-effective to pay housing provident fund!

3. In terms of "five insurances", the ratio of units and individuals is generally: pension insurance units bear 20% and individuals bear 8%; medical insurance units bear 6% and individuals 2%; unemployment insurance units bear 2% 2% is borne by individuals and 1% by individuals; 1% of maternity insurance is fully borne by the unit; 0.8% of work-related injury insurance is also fully borne by the unit. Individual employees are not responsible for maternity and work-related injury insurance.

Legal Basis

Article 18 of the "Housing Provident Fund Management Regulations": The contribution ratio of employees and units to the housing provident fund shall not be less than 5% of the employees' average monthly salary in the previous year ; Cities with conditions can appropriately increase the deposit ratio. The specific contribution ratio shall be formulated by the Housing Provident Fund Management Committee, and shall be submitted to the people's government of the province, autonomous region, or municipality directly under the Central Government for approval after review by the people's government at the same level.

"Notice on Standardizing and Periodically Appropriately Reducing the Housing Provident Fund Payment Ratio" 1. Adjustment of the Housing Provident Fund Payment Ratio Any housing provident fund payment ratio higher than 12% will be adjusted in a standardized manner and shall not exceed 12% .