Shenzhen Introduces New Housing Provident Fund Regulations: Employee Contribution Ratio Can Be Higher Than Employer Contribution Ratio

WealthCoffee · 2026-03-17T08:22:33+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

2026-03-17 08:22:33

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Caixin From April 2026, Shenzhen employees whose housing provident fund contribution rate set by their employer is below the national maximum (12%) can voluntarily choose their personal contribution rate between their employer’s rate and the national maximum.

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 for employers to employees’ housing provident fund 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 increase their contribution rate above the employer’s rate, but it cannot exceed the national maximum limit.

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