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Shanghai social security minimum payment base
Shanghai social security payment standard in 2024:
1. The standard payment period is from July 2023 1 day to June 30, 2024.
2. The payment base is 12 183.
3. At present, the lower limit of Shanghai social security payment base is 73 10.
4. At present, the upper limit of Shanghai social security payment base is 36,549.
Social security contributions are generally based on the salary income of employees in the previous year: if the salary income of employees is higher than 300% of the local average salary of employees in the previous year, 300% of the local average salary of employees in the previous year is the payment base; If the wage income of employees is lower than 60% of the local average wage of employees in the previous year, 60% of the local average wage of employees in the previous year shall be the base of payment; If the wages of employees are between 300% and 60%, they shall be declared according to the facts.
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