In order to meet the needs of the reform of the national social insurance premium collection and management system, ensure the smooth development of social insurance collection and business handling, and protect the social insurance rights and interests of payers, the matters related to the monthly payment time of social insurance premiums paid by insured units in this city are hereby notified as follows:

1、 According to the relevant provisions on the settlement of social insurance premium funds, the premium paid by the insured unit before 20 o'clock on the last working day of each month can be transferred to the state treasury within the current month. In case of special circumstances requiring temporary adjustment, the latest notice shall prevail.

2、 If the social insurance premium paid by the insured unit is transferred to the state treasury within the current month, the social insurance agency shall deal with it according to the bookkeeping rules of the current month of payment. Overdue payment will affect the records of individual social insurance rights and interests.

3、 This Circular shall come into force as of September 1, 2021.

It is hereby notified.

                                                State Administration of Taxation Shanghai Taxation Bureau

                                                Shanghai Finance Bureau

                                                Shanghai human resources and Social Security Bureau

                                                Shanghai Medical Security Bureau

                                                People's Bank of China Shanghai Branch

                                                August 30, 2021