What is the social security payment standard in Shanghai?

1, unemployment insurance will continue to be implemented at the rate of 1%, in which the unit contribution rate is 0.5% and the individual contribution rate is 0.5%.

2. The benchmark rate of work-related injury insurance for employers in the first to eighth categories of industries will continue to be lowered by 20% on the basis of the industry benchmark rate stipulated by the state.

3. Individual contributions to the medical insurance fund for urban and rural residents account for about 15% of the total financing.

Measures of Shanghai Municipality on Basic Medical Insurance for Urban and Rural Residents Article 6 The financing standard and individual payment standard of the medical insurance fund for urban and rural residents shall be determined by stages according to the different ages of the insured.

The per capita financing standard is determined according to about 2.5% of the average wage of employees in this city last year.

Individual contributions to the medical insurance fund for urban and rural residents account for about 15% of the total financing, and the specific financing standards and individual payment standards should be adjusted according to the actual situation. The specific adjustment plan shall be formulated by the Municipal Medical Insurance Bureau, the Municipal Finance Bureau and other relevant departments, and shall be promulgated and implemented after being approved by the municipal government.

Notice of Shanghai Municipal Bureau of Human Resources and Social Security, Shanghai Municipal Bureau of Finance, State Taxation Bureau and Shanghai Municipal Taxation Bureau on Continuing to Reduce the Social Insurance Rate of Urban Workers in this Municipality in Phases.

First, continue to reduce unemployment insurance rates in stages. From May 2002 to April 30, 2022, the unemployment insurance in this city continued to implement the payment ratio of 1%, in which the unit contribution ratio was 0.5% and the individual contribution ratio was 0.5%.

Second, continue to reduce the industrial injury insurance rate in stages. From May 2002 to April 30, 2022, the standard rate of work-related injury insurance for employers in the first to eighth industries in this city continued to be reduced by 20% on the basis of the industry standard rate stipulated by the state.