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 year’s 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 year’s average salary of Shenzhen employees, also cannot be less than 60% of last year’s 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 year’s 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 year’s 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.