"Shenzhen Housing Provident Fund Management Measures" Issued, Individual Contribution Ratio Can Be Adjusted

People’s Financial News, March 16 — The Shenzhen Municipal People’s Government has issued the “Shenzhen Housing Provident Fund Management Measures.” The Measures specify that, in principle, employees’ individual contributions to the housing provident fund should be consistent with the contribution ratio of their employers. Employees who voluntarily choose to increase their contribution ratio can select a higher rate than their employer’s, but not exceeding the national limit. Within each housing provident fund year, employers and employees can adjust the contribution ratio once.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin