The upper limit of Shanghai provident fund payment refers to the maximum amount of individual provident fund paid by employees of enterprises in Shanghai every month. According to the relevant national regulations and policies of Shanghai Municipal Government, the upper limit of Shanghai provident fund payment is calculated on a monthly basis. According to the new standard implemented on July 20 19/day, the upper limit of Shanghai provident fund payment is 3 1 242 yuan. Specifically, employees whose salary does not exceed 26,065,438+0.75 yuan are required to pay at most 7% of the provident fund every month, and the excess is not required. For example, if an employee's monthly salary is 3,000 yuan, his monthly contribution to the provident fund is 225 yuan (26,065,438+0.75 yuan *7%), and the remaining 399.25 yuan need not be paid. It should be noted that this payment ceiling does not mean that enterprises and employees must pay this amount every month. Enterprises and employees can determine their own payment amount according to their own situation and economic ability. However, if the contributions of enterprises and employees exceed this upper limit, they will not be able to enjoy the interest and other preferential policies of the provident fund account.
I bought a house in Shanghai, can I use the provident fund loan? Are there any restrictions? If you buy the first suite in Shanghai and meet the relevant regulations and conditions of Shanghai Housing Provident Fund Management Center, you can use the provident fund loan. According to the policy of Shanghai Housing Provident Fund Management Center, the amount of provident fund loans can not exceed 70% of the total purchase price, and the maximum loan can be 6.5438+0.2 million yuan.
The upper limit of Shanghai's provident fund payment is determined by comprehensive consideration of various factors such as city size, economic level, wage income of employees, etc. Enterprises and employees should pay the provident fund reasonably according to their own situation and actual economic ability. While enjoying the provident fund policy, they should also strengthen their understanding and study of the provident fund policy.
Legal basis:
"Regulations on the management of housing provident fund" Article 18 The monthly deposit of employees shall not exceed their monthly salary. If the monthly wage income of employees is 3 times higher than the average monthly wage of employees in this city last year, the monthly deposit amount shall be calculated according to 3 times of my salary.