2023 Shanghai settlement social security contribution base

The social security contribution base for settlement in Shanghai in 2023 is as follows:

1. If the salary income of an employee is higher than 300% of the average salary of the local employees in the previous year, 300% of the average salary of the local employees in the previous year will be the contribution base;

2. If the salary income of an employee is lower than 60% of the average salary of the local employees in the previous year, 60% of the average salary of the local employees in the previous year will be the contribution base. base;

3. If the employee's salary is between 300% and 60%, it will be declared according to the actual situation. When the employee's salary income cannot be determined, the contribution base is determined by the average salary of local employees in the previous year announced by the local labor administration department as the contribution salary.

The base for social insurance contributions is as follows:

According to the relevant regulations of the Bureau of Statistics, the items included in the statistics of total wages include the sum of the employee's wages, bonuses, allowances, subsidies and other income. In accordance with the relevant regulations on the declaration of social insurance contribution base, when an employer goes through the declaration of social insurance contribution wage base, the unit's contribution base is the total average monthly wages of all employees of the unit in the previous year.

The base for social security contribution is as follows:

The base for housing fund contribution is adjusted once a year according to the average monthly salary of individuals in the previous year. Unit housing fund last contribution month in June of the year, and the number of normal contributions to the number of employees is greater than zero units need to make base adjustments. The monthly contribution base of the Employees' Housing Provident Fund is the average monthly salary of the employees themselves in the previous year. The average monthly salary of the employee shall be calculated according to the statute of the Bureau of Statistics of China included in the total wages of the project.

In summary, the contribution base for social security is calculated according to the monthly average of all wage income earned by the employee in the previous year. The contribution base of social security can calculate the amount of social insurance premiums that enterprises or individuals should pay, which is calculated by multiplying the contribution base by the rate.

Legal basis:

Article 60 of the Social Insurance Law of the People's Republic of China

The employer shall declare and pay the social insurance premiums on its own, in full and on time, and shall not suspend or reduce the payment of social insurance premiums except for force majeure and other legal reasons. The social insurance premiums to be paid by employees shall be withheld and paid on behalf of the employer, and the employer shall inform the individual of the details of the payment of social insurance premiums on a monthly basis.

Individual entrepreneurs without employees, part-time workers who do not participate in social insurance with their employers, and other flexibly employed persons may pay social insurance premiums directly to the social insurance premium collection organization.