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Calculation formula of social security penalty

The calculation formula of social security liquidated damages is from the date of breach of contract to the day before the employer announces the successful payment, and a late payment fee of 0.5 ‰ will be added daily according to the amount of breach of contract. For example, an employer successfully declared and paid the social insurance premium in July of that year on 20 1 0+10, and the normal collection month should be August of that year, so the start date of default is September of that year1,so the employer should pay the amount owed in July as well as 65438 in September.

Calculation method of one-year unpaid social security

If you don't pay social security for one year, you will be charged a late fee of two thousandths for ten thousand yuan. The calculation formula of social security late payment fee is that the total amount of arrears is multiplied by two thousandths, and then multiplied by the number of days of arrears; Because the payment of social insurance premiums is divided into two parts, one part is paid by the unit and the other part is paid by the individual employee, therefore, the late payment fee and the late payment fee are calculated separately and borne by the unit and the individual respectively.