Provident fund contribution ratios vary from place to place. Generally speaking, the contribution ratio is between 8% and 12%. The monthly contribution amount to the employee housing provident fund is the employee's average monthly salary in the previous year multiplied by the employee housing provident fund contribution.
Proportion.
The employer also contributes the same proportion as the employees, and the provident funds contributed by the employees and the employer for employees are owned by the employees personally.
Therefore, how much you should contribute to provident fund depends on the contribution ratio.