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What are the consequences of stopping paying social security?
Legal analysis: Consequence of interrupting social security payment: 1, which seriously affects the collection of future pensions. The longer the interruption, the greater the pension loss. 2. If the length of service is not calculated during the interruption period, the length of service salary will be gone. 3. There is no personal account deposit during the interruption period, and personal accounts will be reduced in the future, resulting in losses when calculating endowment insurance.
Legal basis: Article 62 of the Social Insurance Law of People's Republic of China (PRC), if the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the unit last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.
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