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

WealthCoffee · 2026-03-20T09:50:01+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

2026-03-20 09:50:01

Abstract generation in progress

Caixin: Starting April 2026, Shenzhen employees 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 maximum limit.

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. The same employer can only select one contribution rate. The employee’s personal contribution rate generally matches the employer’s contribution rate for them. Employees can voluntarily increase their contribution rate above the employer’s rate, but it must not exceed the national maximum limit.

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