Yue Ren She Gui  No. 11
To People’s Governments of all cities at or above prefecture level:
The Transitional Plan for Employer Contributions to Basic Old-Age Insurance for Urban Employees in Guangdong Province has been approved by the provincial government and is hereby issued for your due implementation.
Guangdong Provincial Department of Human Resources and Social Security
Guangdong Provincial Department of Finance
Guangdong Provincial Tax Service, State Taxation Administration
April 30, 2019
Transitional Plan for Employer Contributions to Basic Old-Age Insurance for Urban Employees in Guangdong Province
To fully implement the guiding principles of theNotice of the General Office of the State Council on Issuing the Comprehensive Plan forLowering Social Insurance Contribution Rates (Guo Ban Fa  No. 13), and ensure a smooth policy transition with respect to basic old-age insurance for urban employees, the Transitional Plan for Employer Contributions to Basic Old-Age Insurance for Urban Employees in Guangdong Province is hereby formulated in conjunction with the actualities in Guangdong Province.
1.Lowering the employer old-age insurance contribution rate forgovernment agencies and public institutions
With effect from May 1, 2019, the employer old-age insurance contribution rate shall be lowered from 20% to 16% for all government agencies and public institutions in Guangdong Province.
2.Progressively increasing the employer old-age insurance contribution rate for enterprises
In cities where the employer contribution rate is 13%, the employer contribution rate shall be raised to 14% by the end of 2020. Specific transitional plans shall be formulated by human resources and social security, finance and taxation authorities in each city. Thereafter, employer contribution rates will be progressively transitioned to unified national standards in accordance with unified plans by the state.
3. Adjusting the upper and lower limits of the calculating base
From May 1, 2019, the maximum calculating base for old-age insurance contributions for government agencies, public institutions and enterprises shall be adjusted to 300% of the average salary of urban employees in Guangdong Province in the previous year. The minimum calculating base shall be adjusted to 60% of the average salary of urban employees in the province in the previous year.
The aboveimplementation dates correspond to the periods for payment of old-age insurance contributions.
4. Supporting measures
4.1Unified policy implementation. Governments at all levels and their human resources, social security, finance, and taxation departments should work together to ensure that adjustments to old-age insurance contribution rates are uniformly implemented across Guangdong Province.
4.2 Strengthening communication and coordinated advancement. All localities should establish mechanisms to coordinate work related to the adjustment of social insurance contribution rates and the reform of the social insurance contributions collection system. Local governments of county level or higher shall establish work coordination mechanisms led by the head of government and involving the participation of human resources and social security, finance, and taxation authorities, in order to coordinate the adjustment of social insurance contribution rates and the reform of the collection system during the transitional period, and ensure the smooth progress of all work.
4.3 Strengthening leadership and meticulous organization. Relevant authorities in all cities shall strengthen leadership and meticulously organize implementation efforts. Relevant authorities shall timeously adjust employer contribution rates and the upper and lower limits of the calculating base in strict accordance with the requirements of this Plan. Provincial human resources, social security, finance and taxation authorities will strengthen guidance, supervision and inspection and timeously study and address problems encountered during the course of work to ensure the full implementation of all policies and measures.
This Plan shall take effect from May 1, 2019 for a period of five years.