According to the Official Notice on Payment Base Adjustment of Shanghai’s social insurance and provident fund in 2022,
we summarized the key information as follows:

Effective month of the new payment base: Jul,2022
The payment base will be adjusted from Jul 1st,2022 and finally paid at early Aug 2022.

The Maximum Payment Base has been adjusted to RMB 34188/month.
The Minimum Payment Base of Social Insurance is RMB 6520/month.
The Minimum Payment Base of Provident Fund is RMB 2590/month.

Employees’ Payment Base Adjustment need to be operated based on their Y2021 average salary income from Jul 2022.

Same news in Chinese, please click HERE !

Legal support :
Social Insurance：https://mp.weixin.qq.com/s/O24ZC7wVBG0OFSB03PAntg
Provident Fund：  https://mp.weixin.qq.com/s/fJZk_o6UaDN9XHA5L1W8pg