The deduction ratio of the enterprise annuity payment expenses borne by the enterprise shall not exceed 8% of the total wages of all employees of the enterprise. According to the provisions and standards of the Enterprise Annuity Measures, the expenses extracted from the enterprise annuity shall be shared by the enterprise and individual employees, and a personal account shall be set up for each employee who participates in the enterprise annuity. The deduction ratio of enterprise annuity payment expenses borne by the enterprise shall not exceed 8% of the total wages of all employees of the enterprise; The enterprise annuity payment expenses borne by individuals shall not exceed 4% of the total wages paid by them. The total contribution ratio of enterprises and individual employees shall not exceed 12% of the total wages of employees in this enterprise. The tax base of individual contribution salary of enterprise annuity is the average monthly salary of the previous year. The average monthly salary is calculated according to the items listed in the statistics table of total wages stipulated by the statistics department. The maximum amount included in the current period of an enterprise shall generally not exceed 3 times the average monthly salary of the unit.