[Compliancy] Social security surcharge payment change for 2021

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New regulation

The surcharge for medical assistance is a mandatory payment withheld by the employer from the employee salary or paid directly for non-employee people.

 

It was paid in January; for an amount of 260 元.

 

Starting in January 2021, the surcharge for medical assistance of social security will become a monthly payment instead of a yearly payment.

 

That measure will not impact social security's total amount.

 

It will be 21元 for January April July and October, and 22元 for the rest of the year for a total of 260元 per year.

 

For a retired person it will be 30元 per month for a total of 360元 per year. 




 

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