Type of Social Insurance |
Scope of Application |
Contributions Rate |
Payment Base (02/01/2014-06/30/2014) | |||||||
Total |
Employer |
Employee |
Lower Limit |
Upper Limit |
Standard | |||||
1 |
Pension Insurance |
Basic Pension Insurance+ Local Supplementary Pension Insurance |
Shenzhen Residence |
22% |
14% |
8% |
1,80814,754 |
1,808 |
It is based on the gross monthly salary. It cannot be higher than 300% of last years average salary of Shenzhen employees. But it also cannot be less than the minimum monthly wages of Shenzhen employees. | |
Basic Pension Insurance |
Non-Shenzhen Residence |
21% |
13% |
8% |
14,754 |
1,808 | ||||
2 |
Medical Insurance |
First Grade |
Basic Medical Insurance |
All Employees |
8.7% |
6% |
2% |
14,754 |
2,951 |
It is based on the monthly total salary, but cannot be higher than 300% of last years average salary of Shenzhen employees, also cannot be less than 60% of last years average salary of Shenzhen employees. |
Local Supplementary Medical Insurance |
0.2% |
NIL |
14,754 |
2,951 | ||||||
Maternity Insurance |
0.5% |
NIL |
14,754 |
2,951 | ||||||
Second Grade |
Basic Medical Insurance |
Non-Shenzhen Residence |
1% |
0.5% |
0.2% |
4,918 |
It is based on last years average salary of Shenzhen employees. | |||
Local Supplementary Medical Insurance |
0.1% |
NIL | ||||||||
Maternity Insurance |
0.2% |
NIL | ||||||||
Third Grade |
Basic Medical Insurance |
Non-Shenzhen Residence |
0.55% |
0.4% |
0.1% |
4,918 |
It is based on last years average salary of Shenzhen employees. | |||
Local Supplementary Medical Insurance |
0.05% |
NIL | ||||||||
3 |
Unemployment Insurance |
All Employees |
3% |
2% |
1% |
1,808 |
It is based on the minimum wages of Shenzhen employees. | |||
4 |
Employment Injury Insurance |
All Employees |
0.4% 0.8% 1.2% |
0.4%
0.8%
1.2% |
NIL |
14,754 |
1,808 |
It is based on the actual salary, but it cannot be less than the minimum wages of Shenzhen employees. |