Shanghai Social Security Company Payment Standard 2023

In 2023, Shanghai's social security base standard is as follows:

From July 2022 1 to June 30, 2023, the upper limit of Shanghai social security payment base is 34188 per month; The lower limit is 6520 per month. According to local policies, the social security base has been improved, and the specific policies can be understood from the local social security department; If employees need to buy social security, they can go to the unit for consultation, and the person in charge of the unit will declare the purchase.

Social security payment refers to the act of participating in various social security insurances and paying premiums. Generally speaking, it refers to the social limb association's overall payment of endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. Social security payment is divided into two parts: unit payment part and individual payment part.

Social security contribution rate

Social security is divided into units and individuals. Specific social security contributions are as follows:

Endowment insurance, units and individuals pay 20% and 8% respectively;

Medical insurance, units and individuals pay 12% and 2% respectively;

Unemployment insurance, units and individuals pay 2% and 0% respectively;

Maternity insurance units pay 0.60%, and individuals do not pay;

Work-related injury insurance units pay 2%, and individuals do not pay.