Shanghai Five Insurance and One Gold Payment Standard

The payment standards for five insurances and one gold in Shanghai are as follows:

1. Old-age insurance: each unit and employee pays 16%. Among them, the company pays 14% (8% of which is included in the personal account and 6% in the overall account), and the employees pay 2% (all of which are included in the personal account).

2. Medical insurance: each unit and individual employee shall pay 10%. Among them, the unit pays 8% (of which 6% is included in the overall account and 2% is included in the medical personal account), and the employees pay 2% (all included in the medical personal account).

3. Unemployment insurance: each unit and individual employee shall pay 1%. Among them, the unit pays 0.5% (all included in the unemployment insurance fund) and the employees pay 0.5% (all included in the individual account of unemployment insurance).

4. Work-related injury insurance: the unit pays in full, and employees do not need to pay.

5. Maternity insurance: the unit pays in full, and employees do not need to pay.

6. Provident fund: 5% for units and 5% for employees. Among them, the unit pays 2% (all included in the provident fund account) and the employees pay 3% (all included in the provident fund account).

It should be noted that the payment standard of five insurances and one gold in Shanghai is calculated according to the payment base of employees' wages. The minimum standard of payment base is the minimum wage in Shanghai (currently 2420 yuan/month), and the maximum standard is three times the average monthly wage of employees in Shanghai.

Legal basis:

Article 33 of the Detailed Rules of Shanghai Social Insurance Law, employees shall participate in work-related injury insurance, and the employer shall pay the work-related injury insurance premium, while employees shall not pay the work-related injury insurance premium.

Article 15 of the Regulations of Shanghai Municipality on Housing Provident Fund shall be deducted from the monthly salary by the unit.

The housing provident fund paid and withheld by the unit for employees shall be deposited into the housing provident fund account set up by the municipal provident fund management center in the entrusted bank within five days from the date of monthly payment of wages by the unit, and shall be included in the employee housing provident fund account, and shall not be overdue, missed or underpaid.

Article 23 of the Detailed Rules of Shanghai Social Insurance Law, employees shall participate in the basic medical insurance for employees, and the employer and employees shall jointly pay the basic medical insurance premium in accordance with state regulations.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.

Article 53 of the Detailed Rules of Shanghai Social Insurance Law, employees shall participate in maternity insurance, and the employer shall pay maternity insurance premiums in accordance with state regulations, while employees shall not pay maternity insurance premiums.

Article 54 of the Detailed Rules of Shanghai Social Insurance Law: If the employer has paid maternity insurance premiums, its employees shall enjoy maternity insurance benefits; Unemployed spouses of employees enjoy maternity medical expenses in accordance with state regulations. The required funds are paid from the maternity insurance fund.

Maternity insurance benefits include maternity medical expenses and maternity allowance.

Detailed Rules of Shanghai Social Insurance Law Article 34 The state determines the differential rates of different industries according to the degree of industrial injury risks in different industries, and determines the rate grades of different industries according to the use of industrial injury insurance funds and the incidence of industrial injuries. Industry differential rates and intra-industry rates shall be formulated by the administrative department of social insurance of the State Council, and promulgated and implemented after being approved by the State Council.

Social insurance agencies shall determine the employer's payment rate according to the employer's use of work-related injury insurance funds, the incidence of work-related injuries and the level of industry rates.

Article 14 of the Regulations of Shanghai Municipality on Housing Provident Fund is equal to the sum of the average monthly wages of employees in the previous year multiplied by the proportion of housing provident fund paid by employees and units.

The upper and lower limits of the deposit ratio and the deposit amount of workers and units' housing provident fund shall be put forward by the municipal provident fund management center jointly with relevant departments every year, approved by the Municipal Housing Commission and promulgated and implemented after being reported to the Municipal People's Government for approval.

"Detailed Rules of Shanghai Social Insurance Law" Article 44 Employees shall participate in unemployment insurance, and the employer and employees shall jointly pay unemployment insurance premiums in accordance with state regulations.

Article 10 of the Detailed Rules of Shanghai Social Insurance Law, employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.