Shanghai social security base for 2008

The average monthly income of workers in Shanghai in 2007 was 2892, so the social security base for 2008 is 2892*60%---2892*3 (i.e. 1735---8676).

The contribution base for provident fund is the same as that for social security. It is adjusted every year from June to August. The adjustment of the social security fund is from the end of each year to the beginning of the next year. The base of the social security fund is determined by the average monthly income of the employees. The same applies to the provident fund.

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