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Social security generates account books. What if the company has no money to pay?
According to relevant information, the company's account is out of money, and social security can be paid later, but a late fee will be paid. Article 60 of the Social Insurance Law stipulates: "The employer shall declare on its own and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer. " Article 63 stipulates: "If the employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up within a time limit. If the employer fails to pay or repay the social insurance premium within the time limit, the social insurance premium collection agency may inquire about its deposit account in banks and other financial institutions; You can also apply to the relevant administrative departments at or above the county level for a decision to allocate social insurance premiums, and notify their bank or other financial institutions in writing to allocate social insurance premiums. " Article 86 stipulates: "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 an overdue fine of 5/10000 shall be added every day from the date of never paying it; If it fails to pay within the time limit, the relevant administrative department shall impose a fine of more than one time and less than three times the amount owed. "
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