Notice in relation to Issuing the 2023 Upper and Lower Limits of the Average Monthly Wages of Employees of Urban Entities and the 2024 Upper and Lower Limits of the Basic Pension Insurance Contribution Base for Employees in Guangdong Province
03 December 2024
The Human Resources and Social Security Department of Guangdong Province (“the authorities”) issued the “Notice in relation to Issuing the 2023 Upper and Lower Limits of the Average Monthly Wages of Employees of Urban Entities and the 2024 Upper and Lower Limits of the Basic Pension Insurance Contribution Base for Employees in Guangdong Province” (“the Notice”) on 3 December 2024. The authorities proposed that the upper limit of employees’ basic pension contribution base in Guangdong Province is at RMB 27,501 with the lower limit at RMB 5,500. In particular, the lower limit of contribution base in Zhuhai Municipality, Foshan Municipality, Dongguan Municipality and Zhongshan Municipality was RMB 4,767.