questions and answers

There are 03 types of compulsory insurance:

(i) Social Insurance: The employer’s contribution rate is 17.5% of the salary fund, the employee’s rate is 8% of monthly wages;

(ii) Unemployment Insurance: The employer’s contribution rate is 1% of the salary fund; the employee’s rate is 1% monthly wages; and

(iii) Health Insurance: The employer’s contribution rate is 3% of monthly wages; the employee’s rate is 1.5% of monthly wages.