Shanghai minimum social security payment base

Shanghai social security minimum payment base is 6520 yuan.

6520 yuan is the minimum payment base of Shanghai social security in 2022, calculated according to 60% of the average social wage; The maximum payment base is 34 188 yuan. The setting of social security payment base reflects the local economic development level and residents' income, and the social security payment base will be different in different cities. There are two main ways to collect social security fees: proportional insurance fee system and equal insurance fee system, which are suitable for different income groups respectively. The sharing subjects of social security costs include countries, enterprises and individuals, and different social insurance projects may adopt different cost sharing methods.

Calculation method of social security:

1, determination of social security contribution base: usually determined by local human resources and social security departments according to the average salary of employees in the previous year;

2. Social security individual contribution ratio: Different types of social security (pension, medical care, unemployment, work injury and maternity insurance) have different individual contribution ratios;

3. Payment ratio of social security units: the proportion of social security paid by units for employees also varies with different insurance types and regional policies;

4. Upper and lower limits of social security contributions: in addition to the minimum payment base, there is an upper limit of the maximum payment base, and the excess is not included in the payment base;

5. Calculation of social security payment amount: individual payment amount = payment base multiplied by individual payment ratio, and unit payment amount = payment base multiplied by unit payment ratio.

To sum up, the minimum social security payment base in Shanghai in 2022 is set at 6,520 yuan, with the maximum of 34 188 yuan, taking 60% of the average social wage as the base, in order to reflect the regional economy and residents' income level, and at the same time reflect the diversity of social security fee collection and cost sharing. The base difference in different cities and the mechanisms behind it, such as proportional insurance premium system and equal insurance premium system, are all to meet the specific needs of different income groups and social insurance projects.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 20

The collection base of social insurance premiums shall be determined by the social insurance agency in accordance with the regulations, and shall not be less than 60% of the monthly salary of the employees of the unit, and shall not be higher than the average monthly salary of the employees in the city in the last three months.