According to the regulations, starting from 20 19, Qingdao will determine the upper and lower limits of the individual contribution base of social insurance based on the average salary of employees in all-caliber urban units in the province in the previous year. According to the data released by Shandong Provincial Bureau of Statistics, the average wage of employees in full-caliber urban units in the province in 20 18 was 65,383 yuan (5,449 yuan per month).
The upper limit of payment base is determined according to 300% (16346 yuan/month) of the average wage of employees in full-caliber urban units in the province in 20 18, and the lower limit is determined according to 60% (3269 yuan/month) of the average wage of employees in full-caliber urban units in the province in 20 18.