Home FAQ Corporate Service China Q&A Regarding Combined Declaration of “Five Insurance and One Fund” Payment Salary for 2022 (Beijing) (1)
Q&A Regarding Combined Declaration of “Five Insurance and One Fund” Payment Salary for 2022 (Beijing) (1)
Q: |
When will the annual declaration for “Five Insurance and One Fund” payment salary of 2022 start? |
A: |
The annual declaration starts from 11 June and will last until 20 July 2022.
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Q: |
How to calculate “Five Insurance and One Fund” payment salary? |
A: |
The employer shall use the average monthly salary of the employees in 2021 as the basis for declaring “Five Insurance and One Fund” payment salary. When declaring, there is no upper and lower limit on the average monthly salary; when approving, the payment base shall be approved according to the upper and lower limits of Beijing’s “Five Insurance and One Fund”. |
Q: |
Does “Five Insurance and One Fund” payment salary need to be accurate to decimal? |
A: |
The payment salary shall round to one Yuan and decimals cannot be filled in. |
Q: |
What are the consequences for failing to declare “Five Insurance and One Fund” payment salary on time? |
A: |
If the employer fails to declare the social insurance payment salary on time, the social insurance payment salary in 2022 will be 110% of the payment salary of the previous month from July 2022 in accordance with relevant regulations. |
Q: |
Can we leave the housing fund payment ratio to be empty when declaring payment salary? |
A: |
The payment ratio of housing fund cannot be empty. Even if the employer has not opened a housing fund account, the payment ratio must be filled in. |
Q: |
What is the payment ratio of housing fund? |
A: |
The payment ratio of housing fund is 5%-12%, subject to the selection of the employer itself. |