Job Recruitment Website - Social security inquiry - Can overdue social security exceed the principal?

Can overdue social security exceed the principal?

The late payment fee is an extra fee that the social security fee collection agency orders the employer to pay the social security fee within a time limit, and the employer can only bear the late payment fee. Paying social insurance is a compulsory obligation of the employer. The employer must pay social insurance premiums for employees in full and on time, and the late payment fee caused by the employer's failure to pay social insurance premiums in time shall be borne by the employer.

Can overdue social security exceed the principal?

Payment of social insurance premiums cannot exceed the principal.

There is a maximum amount of overdue social security payments. The maximum amount of social security payment is 40% of the principal, and the maximum amount cannot exceed 8,000 yuan. If the employer fails to pay the social security fee for a long time, the overdue social security fee will exceed 8,000 yuan according to the time of default, and the social security collection department can only collect the overdue social security fee according to 8,000 yuan.