Shanghai's Social Insurance Contribution Base: Upper And Lower Limits Updated

Shanghai's social insurance contribution base standards for the year 2019 were announced by the Shanghai Municipal Human Resources and Social Security Bureau on March 20, 2019.

From April 1, 2019, the social insurance contribution base lower and upper limits have been increased to RMB 4,699 (US$700.14) and RMB 23,496 (US$3,500.86), respectively.

Last year, the lower limit was RMB 4,279 (US$637.56) and the upper limit was RMB 21,396 (US$3,187.96).

According to the Social Insurance Law, the lower and upper limits are 60 percent and 300 percent of the previous year's monthly average salary of public employees. That means that the monthly average salary of public employees in Shanghai in 2018 was approximately RMB 7,832 (US$1,166.95), an increase of 9.81 percent.