How much does Shenzhen 2024 social security pay a month?

How much social security should be paid in Shenzhen in 2024 depends on your payment base and the social security policy of that year.

Taking the policy in 2023 as an example, if the policy in 2024 remains unchanged, then the payment ratio is roughly as follows:

1. Endowment insurance: the unit contribution ratio is 14% (registered employees in Shenzhen) or 1 1% (non-registered employees in Shenzhen), and the individual contribution ratio is 8%.

2. Medical insurance: the unit contribution rate is 4.5%, and the individual contribution rate is 2%.

3. Maternity insurance: the unit contribution rate is 0.5%, and individuals do not need to pay.

4. Unemployment insurance: the unit contribution rate is 0.4%, and individuals do not need to pay.

5. Work-related injury insurance: The proportion of unit contributions is divided into three grades: 0.75%, 0.5% and 0.25% according to different industry risks, and individuals do not need to pay.

Calculation method of Shenzhen social security payment base in 2024;

1. The base of social security contributions ranges from 60% to 300% of the average social wage;

2. If the personal salary is 300% higher than the average salary of local employees in the previous year, the payment base is 300%;

3. If the personal salary is lower than 60% of the average salary of local employees in the previous year, the payment base is 60%;

4. The specific amount is determined with reference to the average monthly salary and minimum wage standard of employees in full-caliber urban units in Shenzhen last year.

To sum up, the amount of social security payment in Shenzhen in 2024 depends on the individual payment base and the social security policy of that year. According to the policy in 2023, the contribution rates of pension insurance, medical insurance, maternity insurance, unemployment insurance and industrial injury insurance are all different.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 23

Employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.