Adjustment of Contribution Base for Social Insurance for 2020 in Zhuhai
According to the statistics data released by Statistic Bureau of Guangdong Province, the average salary of the on-post employees in Guangdong Province for the year 2019 is RMB 6,756, the average monthly salary of on-post employees for the year of 2019 in Zhuhai is RMB5,855. Starting from July 1, 2020 to June 30, 2021, the maximum and minimum contribution base for social insurance in Zhuhai will be adjusted as following:
-
From 1 July 2020, the maximum contribution base for pension insurance shall not exceed 300% of the last year’s average salary of the on-post employees in Guangdong Province, which will be adjusted to RMB20,268 (i.e.RMB6,756 × 300%); the minimum contribution base for pension insurance shall not be lower than 60% of the average monthly salary of on-post employees in Zhuhai, which is RMB3,376 (i.e.RMB5,626 ×60%).
-
The maximum contribution base for unemployment insurance shall be RMB17,565 from July 2020.
-
From July 2020, employment injury insurance shall be based on all the employee’s gross salary multiply by the contribution rate of the enterprise, employee’s monthly salary cannot be less than the minimum wage in Zhuhai in the year of 2019, i.e. RMB1,720..
-
The maximum and minimum contribution base for medical insurance and maternity insurance shall be same as 2019.