How to adjust the social security base in Ningbo

Legal analysis: Ningbo housing provident fund deposit base has set upper and lower limits, and the upper limit of the deposit base is three times the average monthly salary of employees in Ningbo in 2020, that is, 334 14 yuan; The lower limit of the deposit base is the minimum wage standard for urban workers in Ningbo in 2020, that is, 20 10 yuan. After the adjustment of the deposit base this year, if the municipal government adjusts the minimum wage standard in our city, starting from the next month, the newly opened employees will be implemented according to the adjusted standard.

Legal basis: Notice 202 1 2 on Adjusting the Deposit Base of Housing Provident Fund in Ningbo. Set the upper and lower limits of the housing provident fund deposit base. The upper limit of the deposit base is three times the average monthly salary of Ningbo employees in 2020, that is, 334 14 yuan; The lower limit of the deposit base is the minimum wage standard for urban workers in Ningbo in 2020, that is, 20 10 yuan. After the adjustment of the deposit base this year, if the municipal government adjusts the minimum wage standard in our city, starting from the next month, the newly opened employees will be implemented according to the adjusted standard.