Medical insurance is paid by both enterprises and employees, with enterprises paying 7.5% and individuals paying 2%;
Unemployment insurance is paid by both enterprises and employees, with enterprises paying 2% and individuals paying1%;
Industrial injury insurance is paid by the enterprise itself, and the enterprise pays1%;
Maternity insurance is paid by the enterprise itself, and the enterprise pays 0.8%;
The proportion of social security contributions consists of individual contributions and unit contributions. The provisions of social security contributions vary from region to region, and the base is the total wages. Because the payment base and compensation base of the five major social insurance types, such as pension, work injury, medical care, maternity and unemployment, are all linked to the average salary of employees on the job last year, the increase of the average salary level will bring about the adjustment of various social insurance types.
Taking the pension in social security as an example, the calculation formula of basic pension is as follows:
Basic pension = basic pension+personal account pension+transitional pension = the average monthly salary of employees in the whole city in the previous year before retirement ×20% (the payment period is insufficient 15 is 15%)+ personal account principal and interest and indexed monthly average payment salary ×1payment period before the end of 997 ×
1, basic pension for enterprise employees = basic pension+personal account pension+transitional pension = average monthly salary of employees in the whole city in the previous year before retirement ×20% (15 if the payment period is less than 15)+ personal account principal and interest and indexed monthly average payment salary × 65448.
2. "Newcomer" basic pension = basic pension+personal account pension. The basic pension is calculated and paid according to 20% of the average monthly salary of employees in this city in the previous year when I retire, and the personal account pension is calculated and paid according to the amount stored in my account divided by 120.
Note: Due to objective reasons, the calculation standards of some cities in China may be different.
References:
Baidu encyclopedia-social security payment ratio