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When did social security begin to be paid?
Legal basis: Article 72 of People's Republic of China (PRC) Labor Law stipulates that employers and workers must participate in social insurance and pay social insurance premiums according to law.
Article 38 of the Labor Contract Law of People's Republic of China (PRC) (3) If the employer fails to pay the social insurance premium for the employee according to law, the employee may terminate the labor contract. Article 46 (1) If the employee terminates the labor contract in accordance with the provisions of Article 38 of this Law, the employer shall pay the employee economic compensation. Article 47 stipulates that the economic compensation shall be paid according to the number of years the laborer has worked in the unit and the standard of paying one month's salary for each full year. For more than six months but less than one year, it shall be counted as one year; If it is less than six months, economic compensation of half a month's salary shall be paid to the workers. If the monthly salary of workers is three times higher than the average monthly salary of local workers announced by the people's government of the municipality directly under the central government or the city divided into districts where the employer is located, the standard for paying economic compensation to workers is three times the average monthly salary of workers, and the longest period for paying economic compensation to workers shall not exceed 12 years. The monthly salary mentioned in this article refers to the average salary of workers in the twelve months before the dissolution or termination of the labor contract.
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