Job Recruitment Website - Social security inquiry - Do I need to pay a late fee years ago to pay social security 1 1?
Do I need to pay a late fee years ago to pay social security 1 1?
According to the provisions of Article 86 of the Social Insurance Law of People's Republic of China (PRC), if an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay within a time limit or make up for it, and from the date of default, an overdue fine of 5/10000 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.
This means that if the social security is not paid, both individuals and units need to pay the corresponding late payment fee in accordance with the regulations while paying the social security fee. The calculation basis of late payment fee is the unpaid social insurance premium and the number of days in arrears.
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