Shanghai endowment insurance payment base

From 2002 1 July1day, the upper limit of social security payment base in this city was adjusted to 3 10 14 yuan/month. The lower limit of social security payment base should be 60% of the average wage of employees in full-caliber urban units. Considering the impact of the COVID-19 epidemic on economic and social development, in order to reduce the burden on enterprises, according to the Notice of the Ministry of Finance of Ministry of Human Resources and Social Security, State Taxation Administration of The People's Republic of China, on Relevant Issues Concerning Social Insurance Payment in 20021(No.2 issued by the Ministry of Human Resources and Social Security [202 1]), the lower limit of the social security payment base in this city will be put in place in two years. From July 20021year, 202 1 Shanghai social security contribution base: average salary in 2020: 10338 yuan/month, 202 1 July 20221-June 30, Shanghai social security contribution base:/.

Legal basis:

Article 5 of the Measures of Shanghai Municipality on Basic Endowment Insurance for Urban and Rural Residents (Composition of Funds) The endowment insurance fund for urban and rural residents consists of individual contributions, collective subsidies and government subsidies.

Article 6 (Individual Payment) Persons participating in the endowment insurance for urban and rural residents shall pay the endowment insurance premium in accordance with the provisions. At present, the individual payment standard is set at 500 yuan, 700 yuan, 900 yuan, 1 100 yuan, 1300 yuan, 1700 yuan, 2,300 yuan, 3,300 yuan, 4,300 yuan, 5,300 yuan and 10 levels each year. Insured people choose their own grades to pay, and pay more.

Article 7 (Collective Subsidies) Village collective economic organizations with conditions shall subsidize the payment of the insured, and the subsidy standard shall be determined by the villagers' committee or the members' meeting of the village collective economic organization. Encourage qualified communities to include collective subsidies in the financing scope of community public welfare undertakings. Encourage other social and economic organizations, charitable organizations and individuals to provide financial support for the insured. Subsidies and subsidies shall not exceed the highest payment grade standard.

Article 8 (Government Subsidies) The government shall pay the basic pension in full to the insured who meet the conditions for receiving the pension insurance for urban and rural residents. The district government subsidizes the payment of household registration insured persons in this area. According to the annual payment standards of 500 yuan, 700 yuan, 900 yuan, 1 100 yuan, 1300 yuan, 1700 yuan, 2,300 yuan, 3,300 yuan, 4,300 yuan and 5,300 yuan, the corresponding payment subsidy standards are 200 yuan, 250 yuan, 300 yuan and 3,500 yuan. The district government pays part or all of the old-age insurance premiums for groups with payment difficulties such as severely disabled people in this area. The individual payment standard for severely disabled persons is determined according to 1 100 yuan per year. Among them, the individual pays 5% of the payment standard, the employment security fund for the disabled is remitted to 600 yuan, and the rest is remitted by the district finance. The severely disabled and unemployed who receive living allowance for severely disabled people do not pay, and the employment security fund for the disabled is remitted to 600 yuan, and the district finance is remitted to 500 yuan. Specific measures shall be formulated separately by the Municipal Federation of Disabled Persons and the Municipal Finance Bureau and other relevant departments.

Article 9 (Adjustment of Standards) The adjustment of individual payment standards and payment subsidy standards shall be proposed by the Municipal Human Resources and Social Security Bureau in conjunction with the Municipal Finance Bureau according to the income growth of urban and rural residents in this Municipality, and shall be promulgated and implemented after being reported to the municipal government for approval.

Article 10 (Establishment of Personal Accounts) This Municipality establishes a personal account for endowment insurance with a lifetime record for each insured person. Individual contributions, subsidies from the district government to the insured, collective subsidies and contributions from other social and economic organizations, charitable organizations and individuals to the insured are all credited to personal accounts. The amount stored in individual accounts shall bear interest according to the provisions of the state.