How to pay social security in Shanghai

Individuals need to know the types of social security and the proportion of payment, and choose the payment method that suits them; Units need to pay social security fees for employees on time and in full, and pay attention to policy changes.

First of all, understand the types of social security and the proportion of payment.

In Shanghai, social insurance mainly includes endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Individuals and units need to pay various social security fees in accordance with the prescribed proportion. The specific payment ratio will change according to the policy adjustment. It is recommended to consult the latest policy issued by Shanghai Human Resources and Social Security Bureau regularly.

Second, the individual payment method

1. Paid by the company: For on-the-job employees, social security fees are usually paid by the company. The unit will deduct the part payable by the individual from the employee's salary according to the prescribed proportion and pay it to the social insurance institution together with the part payable by the unit.

2. Personal self-payment: For people who have no fixed units, such as freelancers and individual industrial and commercial households, they can choose to go to social security agencies or online platforms to handle social security payment procedures. You need to bring relevant identification materials and bank account information when paying.

Third, the unit payment method

Units shall pay social insurance premiums for employees in accordance with the prescribed time and proportion. Generally speaking, the unit will directly transfer the social insurance premium to the account designated by the social insurance institution through bank transfer. At the same time, the unit also needs to publicize the social security payment to employees regularly to ensure the transparency of payment.

Fourth, matters needing attention

1. Pay on time: individuals and units should ensure that social insurance premiums are paid in full and on time, so as to avoid the impact on social security benefits due to overdue or insufficient payment.

2. Check the payment details: individuals and units should regularly check the social security payment details to ensure that the payment records are accurate. If any abnormal situation is found, it shall be reported and verified to the social insurance institution in time.

3. Pay attention to policy changes: social insurance policies will be adjusted from time to time. Individuals and units should pay attention to policy changes and keep abreast of the latest payment standards and requirements.

To sum up:

Shanghai social security payment involves two levels: individual and unit. Individuals need to know the types of social security and the proportion of payment, and choose the payment method that suits them. Units need to pay social security fees for employees on time and in full, and pay attention to policy changes. In the process of payment, individuals and units should pay attention to check the payment details to ensure the accuracy of payment records.

Legal basis:

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

Article 10 stipulates:

Employees should participate in basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, and employers and employees should jointly pay basic old-age insurance, basic medical insurance and unemployment insurance in accordance with state regulations.

Article 60 provides that:

The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.

Measures of Shanghai Municipality on the Collection and Payment of Social Insurance Fees

Article 5 provides that:

Payment units and individuals shall pay social insurance premiums in full and on time. The social insurance premiums collected shall be incorporated into the social insurance fund for special purposes, and no unit or individual may misappropriate them.