How To Obtain A Social Security Card

[dropcap]T[/dropcap]o work in China employers nad workers must participate in social insurance and pay social premiums in accordance with the law. That is stipulated in the Labour Contract Law and the Social Insurance Law.

 
Social insurance refers to basic pension insurance, basic medical insurance, unemployment insurance, work injury insurance and maternity insurance. In general, employers also provide employees with housing fund, which is not compulsory by the state. This is often referred to as the „five insurances and one fund“.

The Social Insurance Law stipulates that the employer should register its employees for social insurance within 30 days

The cost of social insurance is borne by both the individual and the employer. The current contribution rates are 10% for the individual (deducted from salary) and around 16 to 20% for the company. When you return to your home country the balance of your personal account for pensionand medical insurance can be refunded.

The Social Insurance Law stipulates that the employer should register its employees for social insurance within 30 days from the date of employment. After your employer has processed your social security