Abstract The burden of social security contributions for employers in the province will be further reduced! On May 2, the Provincial People's Office and the Provincial Department of Finance issued the Notice on Phased Reduction of Unemployment Insurance Rate. With the consent of the provincial government, this year Henan Province gradually lowered the unemployment insurance rate. Statistics show that 20...
The burden of social security contributions for employers in the province will be further reduced! On May 2, the Provincial People's Office and the Provincial Department of Finance issued the Notice on Phased Reduction of Unemployment Insurance Rate. With the consent of the provincial government, this year Henan Province gradually lowered the unemployment insurance rate. Statistics show that in 2016, the number of people participating in unemployment insurance in the province reached 7.881 million, and the unemployment insurance subsidy paid 860 million yuan, benefiting 3,212 enterprises and 695,000 employees. In order to further reduce the burden on enterprises, enhance the vitality of enterprises, and promote employment stability, with the approval of the provincial government, from January 1, 2017, the total unemployment insurance rate in our province will be reduced by 0.5 percentage points, from the current 1.5% to 1%. . Among them, the unit contribution ratio decreased by 0.5 percentage points, from the current 1.2% to 0.7%; the individual contribution ratio remained unchanged at the current 0.3%. The deadline for reducing the rate is implemented until April 30, 2018.
The Provincial People's and Social Welfare Department requires that all localities should continue to expand the coverage of unemployment insurance, strengthen the collection of unemployment insurance premiums, and carefully clean up past arrears, and earnestly guarantee that they should be fully protected and receivable. The fund gap caused by the reduction of the rate of unemployment insurance premiums is covered by the local balance fund. If the local balance fund is still unable to make up, it can be applied for a provincial adjustment fund.
After calculation, the province's reduction of unemployment insurance rate will reduce the burden of employers by more than 1 billion yuan per year, which will have a positive effect on reducing the cost of enterprises, promoting the development of the real economy and deepening the structural reform of the supply side.
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