Job Recruitment Website - Social security inquiry - Is there a late fee for paying social security? How to calculate?

Is there a late fee for paying social security? How to calculate?

Yes, unpaid amount ×0.0005× days of delay.

1. Paying social insurance premium refers to the liquidated damages caused by not paying social insurance premium within the specified payment period, but paying social insurance premium after the specified payment period.

2. If the employer fails to pay the social insurance premium in full within the specified time, the social insurance premium collection agency shall order it to pay it within a specified time limit or make up for it, and from the date of default, an overdue fine of 0.5 ‰ shall be charged on a daily basis. The calculation method of overdue fine is: unpaid amount ×0.0005× overdue days.