The proportion of "five insurances and one gold" borne by companies and individuals is as follows:

Old-age insurance: 21% for companies and 8% for individuals;

maternity insurance: the company pays 1.8%, and the individual does not need to pay;

industrial injury insurance: 1.5% for the company, not for individuals;

medical insurance: depending on the specific situation of the region. The national average is 7.43% for companies and 2% for individuals.

unemployment insurance: 1.5% for companies and 1.5% for individuals;

provident fund: companies and individuals respectively bear the provident fund of no more than 1.2% of the monthly rigid income, and the specific ratio of companies and individuals is mostly 1:1.

how to determine the payment base of endowment insurance?

The approved payment base is based on the average social wage of employees in the province where the employees are located in the previous year (referred to as the provincial social wage):

(1) Where the wage income of enterprise employees is lower than 61% of the provincial social wage, the payment base is approved at 61%; If it is higher than 61% of the provincial social wage, the payment base shall be approved according to the actual wage income, but the maximum shall not be higher than 311% of the provincial social wage.

(2) Self-employed workers can independently determine the payment base within the range of more than 311% of the provincial social wage.

how to calculate the payment amount of endowment insurance?

(a) the amount of enterprise contributions = the total wages of enterprise employees ×21%; Individual contributions of employees = approved payment base ×7% (currently 8%);

(2) Payment amount of individual workers (including individual industrial and commercial households and freelancers) = approved payment base ×18%.