Social insurance law compliance stressed in draft rules
Be aware that insurance rates vary by location and industry
Issue: December 2011/January 2012
Draft measures related to the PRC Social Insurance Law (中华人民共和国社会保险法) were released for public comment on November 15. The Provisions for the Administration of the Filing of Documents of Social Insurance Premiums and the Payment Thereof (Draft) (社会保险费申报缴纳管理规定(草案)) (Draft Provisions) reinforce the Social Insurance Law by requiring employers to provide for all five insurance schemes, including maternity and workman’s compensation.
Paul Hastings China employment partner Lesli Ligorner said the Draft Provisions are “mostly procedural”, but that “a key message is that the Chinese government intends to enhance...
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