Social security deduction time

Legal analysis: social insurance premiums are levied on a monthly basis, and the collection period is 1 to the last day of the month. The specific deduction date is determined according to local policies. If the last day is a legal holiday, the solicitation period will not be postponed. For those who fail to pay social insurance premiums in full and on time during the collection period, the overdue fine shall be calculated on a daily basis from the day after the end of the collection period.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

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.

Article 62 If the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount of social insurance premiums that should be paid shall be determined according to 1 10% of the amount paid by the employer last month. After the social insurance fee collection agency has gone through the declaration formalities, it shall make settlement in accordance with the provisions.