Based on this, we can calculate the minimum standard of Shanghai social security payment base of 20 16 as follows:
The calculation formula of the lower limit of the payment base is: the average monthly salary of last year *0.6, that is, the lower limit of the social security payment base is 60% of the average monthly salary of last year.
20 17 Shanghai social security payment base lower limit =5939*0.6=3563.4
In addition, the social security payment cycle in Shanghai is not calculated according to the natural year. The social security payment cycle in Shanghai is from April this year 1 to March the following year1. That is to say, the cycle time of Shanghai social security payment base in 20 17 years is 20 16 April 1 -20 17 March 3 1.