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What are the risks of the company changing the social security payment unit?
Legal analysis: Social security is social insurance, which refers to a non-profit social security system with income redistribution function. It is to prevent and share social risks such as old age, unemployment, illness and death, realize social security, and force most members of society to participate.
Legal basis: Article 62 of the Social Insurance Law of People's Republic of China (PRC), if the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the unit last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.
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