What to do if the company closes down and owes social security contributions

After the bankruptcy and closure of the unit, the social security of the company's employees can be paid in accordance with the status of flexible employment.1. Flexible employment contributions should be made by the person who chooses to apply, or by the insolvency liquidation group in the end of the insolvency liquidation through the staff council agreed to, before the whole according to the flexible employment contributions.2. Due to the concentration of state-owned enterprises in the county bankruptcy of the unemployed, the accumulation of unemployment benefits is small, the financial difficulties, and can't make all the unemployed persons to enjoy unemployment benefits in time, the county government decided to enjoy them in stages. If they have not yet received unemployment benefits, they will not be able to enjoy the unemployment treatment after they are re-employed.3. Flexibly employed persons should pay the contributions in time, and the arrears of contributions across years are not allowed to be paid back. Those who have previously paid contributions but have not been connected to a flexible employment account will still pay according to their original organization, and will pay according to flexible employment after being transferred to a flexible employment account.

Legal basis

According to Article 27 of the Regulations on Supervision of Labor Security (Decree No. 423 of the State Council), if an employer conceals the total amount of wages or the number of employees when declaring the amount of social insurance premiums to be paid to the social insurance administration agency, the administrative department of labor security shall order rectification and impose a fine of not less than one and not more than three times of the amount of wages concealed. In case of fraudulent social insurance treatment or fraudulent expenditure of the social insurance fund, the administrative department of labor security shall order the refund and impose a fine of not less than one but not more than three times of the fraudulent amount; in case of constituting a crime, it shall be investigated for criminal responsibility according to the law.

Warm tips

The above answer, only for the current information combined with my understanding of the law, please be careful with your reference!

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