Shenzhen Introduces New Housing Provident Fund Regulations Employee Contribution Ratio Can Be Higher Than Employer Contribution Ratio ( Includes Video )

WealthCoffee · 2026-03-19T08:34:17+00:00

Starting from April 2026, Shenzhen employees can voluntarily choose their personal contribution ratio between the unit's contribution ratio and the national upper limit. The revised "Housing Provident Fund Management Measures" clearly specifies this.

WealthCoffee

2026-03-19 08:34:17

Abstract generation in progress

Caixin: Starting from April 2026, employees in Shenzhen whose housing provident fund contribution rate set by their employer is below the national maximum limit (12%) can voluntarily choose their personal contribution rate within the range between their employer’s contribution rate and the national cap.

This adjustment was made in the revised “Shenzhen Housing Provident Fund Management Measures” (hereinafter referred to as the “Measures”) announced on March 16.

Article 18 of the Measures states that the contribution rate set by the employer for housing provident fund contributions should be within the national prescribed upper and lower limits. A single employer can only select one contribution rate. The employee’s personal contribution rate should generally be consistent with the employer’s contribution rate. Employees may voluntarily choose a higher contribution rate than their employer’s, but it cannot exceed the national maximum limit.

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