The housing provident fund payment ratio is that both units and individuals pay no more than 12% of the employee's salary.
However, the specific payment amounts for five social insurances and one housing fund vary from place to place. This is calculated based on the total wages of employees.
For example, the payment ratio for industrial insurance is 1% paid by the employer and 0.2% paid by the individual employee. Both maternity insurance and work-related injury insurance are paid by the employer.
What is the proportion of housing provident fund contributions by units and individuals?
The contribution ratio of housing provident fund units and individuals is 12% of wages. The payment amount of five insurances and one fund is different in each region. The base is based on total wages.
You should consult the local labor department for specific proportions. The payment proportions vary from place to place.
1. Pension insurance payment ratio: 20% for units (all transferred to the overall fund), 8% for individuals (all transferred to personal accounts).
2. Medical insurance payment ratio: 10% for the unit, 2% for the individual. 3 yuan 3. Unemployment insurance payment ratio: 1% for the unit, 0.2% for the individual; 4. Work-related injury insurance payment ratio: The unit pays 0.5% for you every month, individuals do not.
Payment; 5. Maternity insurance payment ratio: The unit pays 0.8% for you every month, individuals do not pay; 6. Provident fund payment ratio: Choose the housing provident fund payment ratio according to the actual situation of the enterprise.
All employers across the country are required to pay 12% of wages to the housing provident fund.
It is 12% of salary for both units and individuals.
According to the legal basis, Article 18 of the "Housing Provident Fund Management Regulations" stipulates that 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; in cities with conditions, the contribution ratio can be appropriately increased.
The specific payment ratio is formulated by the Housing Provident Fund Management Committee, and after review at the same level, it is reported to the province, autonomous region, and municipality directly under the Central Government for approval.