How to handle Beijing social security payment

The new policy of paying old-age insurance is: after 20 18 1, residents who are 60 years old and uninsured will no longer be given living allowance for the elderly, and residents who are over 45 years old and under 60 years old and uninsured will no longer be allowed to pay old-age insurance premiums in one lump sum.

Legal objectivity:

Article 86 of "People's Republic of China (PRC) Social Insurance Law" * * * If the employer fails to pay the social insurance premium in full and on time, the social insurance premium collection agency shall order it to pay it within a time limit or make up for it, and from the date of default, an overdue fine of 0.5% shall be charged on a daily basis; Failing to pay within the time limit, the relevant administrative departments shall impose a fine of more than one time and less than three times the amount owed.