Shanghai 2023 Social Security Minimum Base

The minimum social security base in Shanghai in 2023 is 5,800 yuan/month, that is, the monthly payment base of those who participate in social security and provident fund should not be less than 5,800 yuan.

The minimum social security base refers to the minimum payment base when social insurance participants pay social insurance premiums. In Shanghai, the determination of the minimum social security base is the responsibility of Shanghai Human Resources and Social Security Bureau. According to the latest regulations, the minimum social security base in Shanghai in 2023 is 5800 yuan/month. This means that people who participate in Shanghai social security and provident fund can't pay less than 5,800 yuan a month. The specific payment amount needs to be calculated according to the actual salary level of the insured. In addition, it should be noted that the policy of "social security rate reduction and payment base adjustment" implemented in Shanghai on 20 19 is still going on. According to this policy, the social security premium rate is gradually reduced and the payment base is gradually adjusted, aiming at increasing the burden reduction effect of enterprises and individuals.

How does the minimum social security base in Shanghai affect the social security benefits of the insured? The minimum social security base in Shanghai affects the social security benefits of the insured in two aspects. First of all, social security expenses will be calculated according to the payment base, and social security benefits will be determined according to the payment period and payment amount of the insured. Therefore, if the insured's payment base is low, the social security benefits will be reduced accordingly. Secondly, for part-time workers and low-income people, the low payment base may lead to the failure to meet the minimum payment requirements, thus affecting their social security benefits.

The adjustment of the minimum social security base in Shanghai not only affects the actual payment amount of the insured, but also directly affects the level of social security benefits. Therefore, it is suggested that the insured must abide by the relevant regulations when paying fees to ensure that the payment base is not lower than the prescribed standard.

Legal basis:

"Regulations of Shanghai Municipality on Social Insurance" Article 29 The insured units and individuals shall pay social insurance premiums in accordance with the regulations, and the payment base shall not be lower than the minimum standard stipulated by this Municipality.