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 employee’s average salary of last year. It cannot be higher than 300% of last year’s average salary of Guangdong Province’s employees. But it also cannot be less than 60% of last year’s average salary of Guangdong Province’s employees.

2

Basic Medical Insurance

10%

8%

2%

18,561

3,712

It is based on the employee’s average salary of last year, but cannot be higher than 300% of last year’s average salary of Guangzhou employees, also cannot be less than 60% of last year’s average salary of Guangzhou employees.

3

The Major Disease Medical Subsidie

0.26%

0.26%

NIL

6,187

It is based on last year’s average salary of Guangzhou employees.

4

Supplementary Medical Insurance

0.5%

0.5%

NIL

6,187

It is based on last year’s average salary of Guangzhou employees.

5

Maternity Insurance

0.85%

0.85%

NIL

18,561

3,712

It is based on the employee’s average salary of last year, but cannot be higher than 300% of last year’s average salary of Guangzhou employees'; also cannot be less than 60% of last year’s 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 employee’s average salary of last year, but cannot be higher than 300% of last year’s 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 employee’s average salary of last year, but cannot be higher than 300% of last year’s average salary of Guangzhou employees'; also cannot be less than the minimum wages of Guangzhou employees.