Job Recruitment Website - Social security inquiry - What will happen if social security does not continue to pay?

What will happen if social security does not continue to pay?

Consequences of interrupting the payment of social security: the employer unilaterally terminates the labor contract on this ground, and the employer pays economic compensation; Without justifiable reasons, the social insurance fee collection agency shall order it to pay within a time limit, and impose a late fee from the date of default; Seriously affect the future pension collection, the longer the interruption, the greater the pension loss; If the length of service is not calculated during the interruption period, the length of service salary will be paid as usual; Others.

You can't enjoy old-age insurance and medical insurance, and the collection of old-age insurance is conditional. /kloc-you need to pay the pension after 0/5 years, and you can only receive it monthly after retirement. Medical insurance needs to be paid for 20 years to enjoy it for life. Cumulative calculation of payment period of endowment insurance and medical insurance. The longer the payment time, the more money and benefits you will enjoy.

Some cities can't buy a house, and many cities directly link the conditions of buying a house with social security. Take Beijing as an example. If you want to buy a house in Beijing, you need to pay social security for at least five years, and you can't stop paying in the middle. Once interrupted, the five-year period will be recalculated. If you don't buy an account, let alone calculate the number of years, you can't even get into the threshold of buying a house.

Article 1 of the Supreme People's Court's Interpretation on Several Issues Concerning the Application of Law in the Trial of Labor Dispute Cases stipulates that if a dispute arises because the employer fails to handle the social insurance formalities for the workers and the social insurance agency cannot make up for it, the people's court shall accept it. In addition, the industrial injury, medical care, maternity, unemployment and other insurance regulations all stipulate that if an employee encounters a situation that requires insurance claims, and the enterprise fails to pay the corresponding insurance, the liability for compensation shall be borne by the enterprise.

Legal basis:

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

Article 86 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 added daily; 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.