Do Shanghai enterprises need to declare and pay social security every month?

"Our company applies for social security online and re-declares every member every month. Because social insurance laws and regulations stipulate that if the wage income is higher than the minimum base, social security shall be paid according to the actual income. Therefore, if your monthly salary changes, you must declare it once a month and pay according to the salary you should pay.

Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.