Effective from 1st July, 2019
Please find below notice for the statutory adjustments in July in China for your reference, the contribution base is according to the monthly average salary in year 2018.
HF- The proportion of individual and companies’ contribution rate remain as 12% per each. Maximum contribution fee will be RMB 6668 including individual and companies’ parts.
|Maximum base amount||27786|
|Housing fund rate||EE12% + ER12%|
Reference website: http://gjj.beijing.gov.cn/web/zwgk/_300583/378324/378232/index.html
SI- Please refer to below social insurance detail table.
|EE Pension Insurance||EE Unemployment Insurance||EE Medical Insurance||ER Pension Insurance||ER Unemployment Insurance||ER Medical Insurance||ER Work-related Injuries Insurance||ER Maternity Insurance|
|Maximum base amount||23565||23565||27786||23565||23565||27786||23565||27786|
|social insurance rate||8.00%||0.20%||2%+3||16.00%||0.80%||10.00%||0.2-1.9% Depends on the industry category||0.80%|