The payment base of housing provident fund is the average monthly salary of employees in the previous year, which shall not be lower than 6% of the local social wage in the previous year and not higher than 3%. The proportion of payment is 5%-12%, and the employer can decide within this range, and the most common one is 8%. Companies and individuals make equal contributions according to the ratio of 1:1, which means that the company pays as much as the individual pays. In addition, the company can also pay supplementary provident fund for employees on a voluntary basis, and the supplementary provident fund is paid by the company without personal payment.

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Legal basis: Regulations on Provident Fund Management

Article 16 The monthly contribution of employee housing provident fund is the average monthly salary of the employee in the previous year multiplied by the contribution ratio of employee housing provident fund. The monthly deposit amount of the housing provident fund paid by the unit for the employees is the average monthly salary of the employees in the previous year multiplied by the proportion of the housing provident fund paid by the unit.

article 17 new employees will pay the housing provident fund from the second month of their employment, and the monthly payment amount is the employee's salary multiplied by the employee's housing provident fund payment ratio. The newly transferred employees of the unit shall pay the housing provident fund from the date when the transferred employees pay their wages, and the monthly deposit amount shall be the employee's monthly salary multiplied by the employee's housing provident fund deposit ratio.

Article 18 The contribution ratio of employees and unit housing provident fund shall not be less than 5% of the average monthly salary of employees in the previous year; Conditional cities can appropriately increase the deposit ratio. The specific deposit ratio shall be drawn up by the Housing Provident Fund Management Committee, and shall be submitted to the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for approval after being audited by the people's governments at the corresponding levels.