Provident fund deposit, the monthly deposit amount of individual provident fund deposit is the average monthly salary of employees in the previous year multiplied by the proportion of employees' provident fund deposit; The monthly deposit amount of the provident fund paid by the unit for the employees is the average monthly salary of the employees in the previous year multiplied by the deposit ratio of the unit provident fund.

from July 1, 218, many places began to implement the new annual housing provident fund deposit policy: the implementation period of the policy of reducing the proportion of enterprise housing provident fund deposit was extended to April 3, 22, the proportion and upper and lower limits of housing provident fund deposit were standardized, and the upper limit of provident fund deposit base or monthly deposit amount was adjusted. Enterprises with difficulties in production and operation can apply for reducing the proportion of housing provident fund deposit or delaying payment.

Extended information:

Units and individuals can choose their own contribution ratio from 5% to 12%, and the individual contribution ratio should be equal to or higher than the unit contribution ratio.

employees who have joined the work after January 1, 21 will start to pay the housing provident fund from the second month of joining the work, and the total salary of the second month of joining the work will be taken as the base of payment. After January 1, 21, newly transferred employees will start to pay the housing provident fund from the month of transfer, and the total salary of the month of transfer will be used as the deposit base.

From May 1st, 216, the State Council decided to reduce the housing provident fund deposit ratio by stages. Any housing provident fund deposit ratio higher than 12% will be adjusted, and the housing provident fund deposit ratio shall not exceed 12%, which will be temporarily implemented for two years.

Baidu Encyclopedia-Provident Fund Deposit