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Minimum deposit amount of provident fund

The minimum deposit amount of provident fund is stipulated according to national standards, and it varies according to the average wage level in different regions. Usually, the minimum deposit amount is about 1% of the basic salary.

The minimum deposit amount of provident fund refers to the minimum amount that enterprises and employees must pay when paying housing provident fund. This minimum deposit amount is stipulated by the relevant national policies, and the specific value varies according to the average wage level in different regions. Generally speaking, the minimum deposit amount of the provident fund is about 1% of the basic salary, but in some areas, the minimum deposit amount will be slightly higher, such as first-tier cities or high-consumption areas. At the same time, for different employees, the minimum deposit amount may be different, for example, for employees with lower monthly salary, the minimum deposit amount may be lower. It should be noted that the minimum deposit amount of provident fund is only a basic line, and enterprises and employees can decide whether the deposit amount is higher than this basic line according to the actual situation. In addition, enterprises also need to know the local policy requirements and regulations when making deposits.

how is the minimum deposit amount of provident fund adjusted? The adjustment of the minimum deposit amount of provident fund is generally determined by the relevant national policies, which is related to the local average wage level. Under normal circumstances, the minimum deposit amount of provident fund will be revised every year to adapt to the local economic development and changes in the living standards of employees.

The minimum deposit amount of provident fund is a regulation that enterprises and employees must abide by when paying housing provident fund, and its specific value varies according to the actual wage level of different regions and employees. Enterprises and employees need to determine the specific deposit amount according to local policies and regulations to ensure the normal payment of provident fund.

Legal basis:

Article 14 of the Regulations of the People's Republic of China on Housing Provident Fund, the employer shall pay the housing provident fund at the rate of more than 1% of the total wages of employees. However, if the average monthly salary of employees is below the deposit base stipulated by the employer, they can be paid according to this base; If the average monthly salary of employees is higher than the deposit base stipulated by the employer, both the employer and the employees shall pay in accordance with the prescribed proportion.