Shanghai social security deductible line and capping line

The deductible line of social security is: the base of the lower limit of social security payment. The top line of social security is: the top base of social security contributions. The minimum payment base is the lower limit of the payment base: 60% of the local average wage or minimum wage in the previous year. However, employees should participate in the basic old-age insurance, and employers and employees should jointly pay the basic old-age insurance premium.