(1) Pension insurance funds are raised based on the principle of equal burdens among the state, units and individuals, and are divided into two parts: unit contributions and individual contributions.

(2) The pension insurance premium paid by the unit shall be withdrawn at the rate of 24.2% of the sum of the total monthly salary of the unit's employees and the total retirement allowance. The pension insurance premium paid by the individual employee shall be paid at the rate of 3% of the total monthly salary of the employee.

Individuals who have retired or retired from their jobs will no longer pay pension contributions.