Recently, Nanning Municipal People’s Government issued a notice to implement the policy of reducing the payment rates of basic medical insurance and maternity insurance for employees from January 1, 2021 to December 31, 2023.
It is learned that the basic medical insurance rate to be periodically reduced for employees follows: the payment proportion for government organs and public institutions will be reduced from 8.0% to 6.0% and that for enterprises will continue to be 6.0%. The overall payment proportion for flexible employees will be reduced from 10.0% to 8.0%. The maternity insurance rate to be periodically reduced follows: the payment proportion for employers will be reduced from 1.3% to 0.8%, of which the payment proportion for state organs and public institutions funded by government finance will be reduced from 0.65% to 0.4%. According to the maternity insurance policy, the employers who must pay maternity insurance are all involved in the scope of maternity insurance rate to be periodically reduced.