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Shenzhen social security went up again?
Shenzhen social security has gone up.
The Shenzhen Municipal Bureau of Human Resources and Social Security, the Shenzhen Municipal Bureau of Finance and the Shenzhen Municipal Taxation Bureau of the State Administration of Taxation have issued a notice on the adjustment of the lower limit of the basic pension insurance contribution base for enterprise employees. From January 1, 2024 to June 30, 2024, the lower limit of the basic pension insurance contribution base for enterprise employees in Shenzhen will be adjusted from RMB 2,360 yuan per month to RMB 3,523 yuan per month, with an increase of 49.27%. And from July 1, 2024, the lower limit will be adjusted to the minimum standard of basic pension insurance contribution base for enterprise employees in Guangdong Province.
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