Is the endowment insurance of Suzhou Saiteng Precision Electronics Co., Ltd. paid by the unit or by the individual?

The company's endowment insurance is paid by both the employer and the employee.

According to the inquiry about the future, Suzhou Saiteng Precision Electronics Co., Ltd. has paid five insurances and one gold for employees, which will be paid by employees and the company in proportion.

According to Article 10 of the Social Insurance Law, employees should participate in the basic old-age insurance, and employers and employees should jointly pay the basic old-age insurance premium.