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How much social security does Shanghai pay every year?
Individuals who pay social security in Shanghai are paid by freelancers.
Current minimum payment 154 1 yuan/month. Every April 1 day.
The proportion of pension contributions for freelancers is 28%; The proportion of medical insurance payment is 1 1.5%. It is worth noting that you can pay at least 60% (3,902 yuan) of the average salary of employees in Shanghai, that is, 3,902× (28%+11.5%), which is about 154 1 yuan, so that you can enjoy the medical insurance benefits of employees. After paying 15 years according to this formula, employees can still receive pension after retirement and enjoy medical insurance benefits for retired employees.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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