Type of Social Insurance
|
Contributions Rate
|
Payment Base (07/01/2015-06/30/2016)
|
Total
|
Employer
|
Employee
|
Upper Limit
|
Lower Limit
|
Standard
|
1
|
Basic Pension Insurance
|
22%
|
14%
|
8%
|
14,958
|
2,408
|
It is based on the employees average salary of last year. It cannot be higher than 300% of last years average salary of Guangdong Provinces employees. But it also cannot be less than 60% of last years average salary of Guangdong Provinces employees.
|
2
|
Basic Medical Insurance
|
10%
|
8%
|
2%
|
18,561
|
3,712
|
It is based on the employees average salary of last year, but cannot be higher than 300% of last years average salary of Guangzhou employees, also cannot be less than 60% of last years average salary of Guangzhou employees.
|
3
|
The Major Disease Medical Subsidie
|
0.26%
|
0.26%
|
NIL
|
6,187
|
It is based on last years average salary of Guangzhou employees.
|
4
|
Supplementary Medical Insurance
|
0.5%
|
0.5%
|
NIL
|
6,187
|
It is based on last years average salary of Guangzhou employees.
|
5
|
Maternity Insurance
|
0.85%
|
0.85%
|
NIL
|
18,561
|
3,712
|
It is based on the employees average salary of last year, but cannot be higher than 300% of last years average salary of Guangzhou employees'; also cannot be less than 60% of last years average salary of Guangzhou employees.
|
6
|
Unemployment Insurance
|
1.4%
1.7%
2.0%
|
0.9%
1.2%
1.5%
|
0.5%
|
18,561
|
1,895
|
It is based on the employees average salary of last year, but cannot be higher than 300% of last years average salary of Guangzhou employees'; also cannot be less than the minimum wages of Guangzhou employees.
|
7
|
Employment Injury Insurance
|
0.5% 1.0% 1.5%
|
0.5%
1.0%
1.5%
|
NIL
|
18,561
|
1,895
|
It is based on the employees average salary of last year, but cannot be higher than 300% of last years average salary of Guangzhou employees'; also cannot be less than the minimum wages of Guangzhou employees.
|
|