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Adjustment of Contribution Base for Social Insurance for 2020 in Xiamen

Time:   11.08.2020
Adjustment of Contribution Base for Social Insurance for 2020 in Xiamen

Acording to the statistics data released by Statistic Bureau of Fujian province, the monthly average salary of employees working for urban companies for the year of 2019 in Fujian province is RMB5,814. Starting from July 1, 2020 to June 30, 2021, the contribution base for social insurance in Xiamen will be adjusted to RMB5, 814 accordingly. The minimum wage of employees in Xiamen for the year of 2019 is RMB 1,800.

Xiamen adjusted the minimum and maximum contribution base for social insurance recently. The following base standard have been effective from 1 July 2020.

  1. The maximum contribution base for pension insurance shall not exceed 300% of the last year’s  average salary of on-post employees working for urban companies in Fujian Province,  which will be adjusted to RMB17,442 from July 2020 (i.e.RMB5,814 × 300%);the minimum base shall not be less than the minimum wage of Xiamen employees, i.e. RMB1,800.

  2. The maximum contribution base for medical insurance and maternity insurance shall not exceed 300% of the last year’s  average salary of on-post employees working for urban companies in Fujian Province,  which will be adjusted to RMB17,442 from July 2020 (i.e.RMB5,814 × 300%);the minimum base shall not be less than 60% of the average salary of on-post employees working for urban companies in Fujian Province, which will be adjusted to RMB3,488.4 (i.e.RMB5,814× 60%).

  3. There is no maximum contribution base for Unemployment Insurance and Employment Injury Insurance from July 2020,  the minimum contribution base will be the minimum wage of Xiamen employees (i.e.RMB1,800).


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