How to calculate five insurances and one gold？ What are the calculation methods and related regulations of five insurances and one gold？

Five insurances and one gold are very important for every employee, which is related to everyone’s pension, medical care, unemployment, work injury and maternity protection, and is also closely related to the housing problem. The following is a detailed introduction to the calculation method and related regulations of five insurances and one gold.

Five insurances are endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, and one gold refers to housing accumulation fund. Its calculation is mainly based on the payment base and payment ratio. The payment base is usually the average monthly salary of employees in the previous year, but there will be upper and lower limits. Taking the local average social wage as a reference, the lower limit of the payment base is generally 60% of the social wage, and the upper limit is 300% of the social wage. If the employee’s salary is lower than the lower limit, the lower limit will be used as the payment base; Above the upper limit, it is calculated according to the upper limit; Between the upper and lower limits, the actual salary is the base of payment.

The following are common payment ratios (which may vary in different regions):

insurance type Unit contribution ratio Individual contribution ratio endowment insurance 16% – 20% 8% medical insurance 6% – 10% About 2% unemployment insurance 0.5% – 2% 0.2% – 1% employment injury insurance 0.2%-1.9% (according to the degree of industry risk) Individuals do not pay. maternity insurance 0.5% – 1% Individuals do not pay.

Take the old-age insurance as an example. If the employee’s monthly salary is 5,000 yuan, the unit contribution ratio is 16% and the individual contribution ratio is 8%. Then, the monthly pension insurance fee that the unit needs to pay is 5000×16% = 800 yuan, and the individual needs to pay 5000×8% = 400 yuan.

The payment base of housing provident fund is also generally the average monthly salary of employees in the previous year, and the payment ratio is between 5% and 12%, and the payment ratio of units and individuals is usually the same. Assume that the contribution ratio is 8%, the monthly salary is 5,000 yuan, and the units and individuals need to pay 5,000× 8% each month = 400 yuan, and the employees’ monthly provident fund accounts add a total of 800 yuan.

It should be noted that the five insurance and one gold policies in various places will be adjusted according to local economic development, average social wages and other factors. Employees can know the latest payment base, proportion and other information through the local social security department official website, telephone hotline or agency. Enterprises are also obliged to pay five insurances and one gold in full for employees according to regulations, which is not only to protect the rights and interests of employees, but also the social responsibility of enterprises.

Understanding the calculation method and related regulations of five insurances and one gold is helpful for employees to know their rights and benefits and plan their personal finances reasonably. At the same time, in the case of changing jobs, salary adjustment, etc., the payment of five insurances and one gold can also be accurately calculated.

(Editor: He Xian)

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