Insurance type

The insured

Employees with Xiamen registered permanent
residence

Employees without Xiamen registered permanent residence

Remarks

Endowment insurance

Payment base amount

Mean monthly salary of the previous year

Min. salary

1. The 2010 mean monthly salary of all employees of Xiamen is RMB 3,357 yuan. Where the employee’s mean monthly salary of the previous year is lower than 60% of that of all employees of Xiamen in the previous year (RMB 2,014.2 Yuan), such 60% of mean monthly salary of all employees of Xiamen in the previous year shall apply. Where it is higher than 300% of the mean monthly salary of all employees of Xiamen in the previous year (RMB 10,071 Yuan), such 300% of mean monthly salary of all employees of Xiamen in the previous year shall apply.
2. The min. salary standard of Xiamen for July 2010 is RMB 1,100 Yuan.
3. The endowment, medical and unemployment insurance standards of Xiamen residents shall be applicable for any Xiamen resident who works elsewhere.
4. The social insurance standards of Xiamen residents may also be applicable for management and technical personnel without permanent residence in Xiamen.
5. Taiwanese, Hong Kong and Macau residents and overseas Chinese may attend Xiamen's social insurance program according to the standards for employees without Xiamen registered permanent residence or management and technical personnel without Xiamen registered permanent residence.
6. For employees who pay under the standard for one with Xiamen registered permanent residence, where any employee’s mean salary of the previous year is lower than 60% of that of all employees of Xiamen in the previous year, his/her endowment, medical and maternity insurance payment base shall be declared at 60% of the mean salary of all employees of Xiamen of the previous year while his/her unemployment and industrial injury insurance payment base shall be his/her mean salary of the previous year but not lower than Xiamen’s minimum salary.

Rate of contributions

Total

22%

22%

Employer

14%

14%

Employee

8%

8%

Medical insurance

Payment base amount

Mean monthly salary of the previous year

60% of mean monthly salary of all employees of Xiamen in the previous year

Rate of contributions

Total

10%

6%

Employer

8%

4%

Employee

2%

2%

Unemployment insurance

Payment base amount

Mean monthly salary of the previous year

The employer shall fully pay the unemployment insurance premiums at 2% of the minimum salary.

Rate of contributions

Total

3%

Employer

2%

Employee

 

Industrial injury insurance (varied in different industries)

The employer shall fully pay the insurance premiums with reference to the industrial rates (0.25%, 0.5% or 1% for different industries)

Maternity insurance

The employer shall fully pay the insurance premiums at a rate of 0.8%.

 

From:http://www.xiameninvest.com/2011tzzn/tzzn_EN/tzcb/tzcb2/