In Zhejiang Ningbo, if the social security base is 20,500 yuan, the monthly deduction amount is calculated as follows:
- Pension Insurance: The employer contribution rate is 14%, so the employer pays yuan; the employee contribution rate is 8%, so the employee pays ×14%=yuan.×8%=
- Medical Insurance: The employer contribution rate is , so the employer pays (+)%yuan; the employee contribution rate is 2%, so the employee pays ×(+)%=yuan.×2%=
- Unemployment Insurance: The employer contribution rate is 2%, so the employer pays yuan; the employee contribution rate is 1% (for non - migrant workers), so the employee pays ×2%=yuan. Migrant workers do not bear this part.×1%=
- Work - related Injury Insurance: The employer contribution rate is determined according to industry classification, and employees do not contribute.
- Maternity Insurance: The employer contribution rate is 0.7%, so the employer pays yuan, and employees do not contribute.×0.7%=143.5
In summary, employees need to pay a total of