Shanghai social security contribution standard in 2022

Shanghai Social Security Contribution Base for 2022

Upper Limit: 34,188 Yuan/Month (July 1, 2022-June 30, 2023)

Lower Limit: 6,520 Yuan/Month (July 1, 2022-June 30, 2023)

From July 1, 2022 onwards. The upper limit of the social security contribution base in Shanghai is adjusted to 34,188 RMB/month. The lower limit of the social security contribution base shall be 60% of the average salary of the employed persons in full-caliber urban units in the previous year. Considering the impact of the current round of the new Crown Pneumonia epidemic on economic and social development, and in order to reduce the burden on enterprises, the lower limit of the social security contribution base of Shanghai shall be determined in accordance with 60% of the arithmetic average of the average salary of the employed persons of full-caliber urban units in 2020 and 2021, and shall be adjusted to RMB 6,520/month from July 1, 2022 onwards.

Shanghai Social Security Contribution Ratio in 2022

Social Security Contribution RatioCompany Individual Total Pension Insurance16%8%24%Medical Insurance+Maternity Insurance (Combined)10.5%2.00%12.5%Unemployment Insurance0.50%0.50%1.00%Worker's Injury Insurance0.16%- 1.52%-0.16%Total 27.16%10.50%37.66%

Note: The information in this article originated from the Shanghai Human Resources and Social Security Bureau.