Payment time of Weihai endowment insurance

The payment time of Weihai endowment insurance is from 15 to 20/month, and late payment will lead to late payment. It is suggested that the employer regularly check the payment with the social security agency to ensure timely and full payment.

Weihai endowment insurance refers to a social insurance system paid by employers and individuals in accordance with state regulations, aiming at providing basic economic security for the insured's retirement. For the insured, it is very important to know the payment time of endowment insurance. The following is a detailed analysis: 1. Payment time of Weihai old-age insurance: The payment time of Weihai old-age insurance is from 15 to 20/month for 6 days in total. The specific payment date is subject to the notice of the local social security agency. 2. Late payment fees will lead to late payment fees: if the old-age insurance premium is not paid within the prescribed payment period, the late payment fee will be charged according to the standard of not exceeding 3% per day. 3. Check the payment regularly: It is recommended that the employer regularly check the payment with the social security agency to ensure timely and full payment, so as not to affect the insurance rights and interests of employees. In a word, paying endowment insurance premium is an important social responsibility and obligation. The insured shall pay in full within the specified time, and keep the payment voucher for inquiry and supplementary use.

What is the pension insurance rate in Weihai? Weihai endowment insurance rate is stipulated by the state, including units and individuals. As of May, 2023, the pension insurance rate of the insured is 20% for the unit and 8% for the individual.

Participating in Weihai endowment insurance is the basic right and obligation of every worker, and paying endowment insurance premium is also the legal obligation of every employer. Regularly understand the relevant policies and regulations of endowment insurance, pay insurance premiums in time, abide by national laws and regulations, and maintain social stability and harmony.

Legal basis:

Article 24 of the Social Insurance Law of People's Republic of China (PRC), the employing unit shall pay social insurance premiums in full within the prescribed time limit. If the employer fails to pay the social insurance premium in full within the prescribed time limit, it shall be responsible for paying the unpaid social insurance premium in full, and pay the late payment fee and fine.