What does social security holdover mean?

Delaying payment of social insurance premiums means suspending payment of social insurance premiums. Deferred payment of three social security fees applicable to catering, retail, tourism, civil aviation, highway, waterway and railway transportation enterprises. Individual industrial and commercial households and other units with employees who participate in social insurance in the form of units shall defer payment with reference to enterprise rules.

Expand the scope of difficult industries that implement the deferred payment policy. On the basis of implementing three social security premium policies for five extremely poor industries, such as catering, retail, tourism, civil aviation, highway, waterway and railway transportation, the scope of implementation will be further expanded, focusing on manufacturing enterprises whose industrial chain and supply chain are greatly affected by the epidemic and have difficulties in production and operation (the specific industry list is attached). Enterprises with difficulties in delaying the expansion of production can apply for deferring the payment of three social insurance premiums, of which the old-age insurance premium will be postponed until the end of 2022, and the industrial injury and unemployment insurance premium will not be postponed for more than 1 year. The time limit for deferred payment of endowment insurance premiums in five poverty-stricken industries will be extended to the end of 2022. During the holdover period, the late payment fee will be exempted.

The holdover of social insurance premiums mainly refers to all small and medium-sized enterprises and individual industrial and commercial households that are insured in the form of units, and can hold over the basic old-age insurance premiums, unemployment insurance premiums and work-related injury insurance premiums of enterprise employees; At the same time, individual industrial and commercial households and all kinds of flexible employees who participate in the basic old-age insurance for enterprise employees in their personal capacity can voluntarily suspend payment.

The implementation of deferred payment policy for small and medium-sized enterprises that are greatly affected by the epidemic and have difficulties in production and operation. Small and medium-sized enterprises and individual industrial and commercial households with temporary difficulties in production and operation in areas seriously affected by the epidemic can apply for deferring the unit payment part of the three social insurance premiums, and the deferring period will be until the end of 2022, during which the late payment fee will be exempted. Institutions, social organizations, foundations, social service agencies, law firms, accounting firms and other social organizations participating in the basic old-age insurance for enterprise employees shall refer to the implementation.

For employees, delaying payment of social insurance premiums will not affect their basic rights and interests. Enterprises applying for holdover of social insurance premiums shall fulfill the obligation of withholding and remitting the individual contributions of employees according to law, and the individual rights and interests of employees shall not be affected by holdover of social insurance premiums. In other words, the part that employees should pay is still paid as usual. Moreover, if employees apply for pension insurance benefits and handle business such as relationship transfer during the deferred payment period, the enterprise shall make up the deferred basic pension insurance premium for employees.

From the perspective of holdover of unemployment insurance premium, holdover of unemployment insurance premium will not affect the following three basic rights and interests:

(1) does not affect enterprises to enjoy phased reduction of unemployment insurance rates and stable returns;

(2) It does not affect the insured employees' enjoyment of skills upgrading subsidies;

(3) It does not affect the insured unemployed to enjoy unemployment insurance benefits or unemployment subsidies and other related benefits.

As far as deferred payment of work-related injury insurance premiums is concerned, it does not affect enterprises' enjoyment of phased reduction of work-related injury insurance rates and employees' enjoyment of work-related injury insurance benefits.

Give further play to the role of unemployment insurance in stabilizing posts. Increase support for the return of stable jobs, and increase the proportion of stable jobs in large enterprises from 30% to 50%. Broaden the benefit range of one-time job retention training subsidies, from small and medium-sized enterprises in medium-and high-risk epidemic areas to large enterprises in the region; Provinces (autonomous regions and municipalities directly under the Central Government) can also further expand to five industries, namely catering, retail, tourism, civil aviation, highway, waterway and railway transportation, in areas where there is no medium-high risk epidemic. The implementation conditions and time limit of the above two policies are consistent with the Notice on Stabilizing Employment and Improving Skills to Prevent Unemployment (Ministry of Human Resources and Social Security Fa [2022] No.23). Enterprises that employ college graduates, sign labor contracts and participate in unemployment insurance within the graduation year can issue one-time job expansion subsidies according to the standard that each person does not exceed 1.500 yuan. The specific subsidy standards are determined by the provinces themselves, and are not repeated with the one-time employment subsidy policy. The implementation period is as of the end of 2022.

In a word, delaying payment of social security is a kind of supporting behavior for enterprises in difficulty. As long as the social security deferred payment procedures are handled according to the requirements of the local human resources and social security bureau, and the overdue payment is completed within the time, the basic rights and interests of enterprises and employees will not be affected.

The implementation period of deferred payment of social insurance premiums is from April to June, 2022. The period for deferred payment of unemployment insurance premium and work-related injury insurance premium is from April 2022 to March 2023. During this period, enterprises can apply for deferred payment for different periods. Enterprises that have paid the fees in April 2022 can apply for an extension from May, and the extension month will be extended by one month accordingly, or they can apply for a refund of the fees in April. During the holdover period, the late payment fee will be exempted.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 58 An employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.