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Can I pay social security on the 29th of the end of the month?
Social security is social insurance, including industrial injury insurance, unemployment insurance, maternity insurance, old-age insurance and medical insurance. It is compulsory insurance that enterprises must pay to employees according to the labor law. This is a livelihood insurance, not for profit. Social insurance can provide the most basic insurance protection for employees.
Social security is the abbreviation of social insurance, which is compulsory insurance that enterprises must pay to employees according to the provisions of labor law. It is a kind of people's livelihood insurance, not for profit. The main purpose of social insurance is to provide the most basic insurance protection for on-the-job employees, which can help the insured to solve part of the expenses and alleviate the economic pressure.
Social insurance includes industrial injury insurance, unemployment insurance, maternity insurance, old-age insurance and medical insurance, among which medical insurance, old-age insurance and unemployment insurance are paid by enterprises and individuals in different proportions, while industrial injury insurance and maternity insurance are paid by enterprises, and individuals do not need to pay.
Legal basis: People's Republic of China (PRC) Social Insurance Law.
Article 60 The employing unit shall declare on its own and pay social insurance premiums in full and on time. Except for legal reasons such as force majeure, the payment shall not be postponed or reduced. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis. Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.
Sixty-first social insurance fee collection agencies shall collect social insurance premiums in full and on time according to law, and regularly inform employers and individuals of the payment situation.
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