Shanghai five insurance minimum payment base

According to the regulations, the minimum payment base of social security is 6520 yuan, and the maximum payment base is 34 188 yuan.

The proportion of social security contributions in Shanghai also has certain regulations. According to the regulations, employers and individuals with five insurances should bear 16% and 8% pension insurance, 9% and 2% all-way insurance, and 0.5% and 0.5% unemployment insurance respectively. The company also needs to bear 0.26% industrial injury insurance, 1% maternity insurance and 1.5% residual insurance.

Directly according to the minimum base, multiplied by the Shanghai social security contribution ratio, then the minimum payment for the five insurances is 2526.9 yuan, the unit bears 1842.3 yuan, and the individual bears 684.6 yuan.

Social security payment refers to the act of participating in various social security insurances and paying premiums. Generally refers to the payment of social endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. Social security payment is divided into two parts: unit payment part and individual payment part.

Payment ratio

Social security is divided into units and individuals.

Specific social security contributions are as follows:

Endowment insurance, units and individuals pay 20% and 8% respectively;

Medical insurance, units and individuals pay 12% and 2% respectively;

Unemployment insurance, units and individuals pay 2% and 0% respectively;

Maternity insurance units pay 0.60%, and individuals do not pay;

Work-related injury insurance units pay 2%, and individuals do not pay.

Legal basis:

Article 12 of the Social Insurance Law of People's Republic of China (PRC), the employing unit shall pay the basic old-age insurance premium in proportion to the total wages of its employees as stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.