Job Recruitment Website - Social security inquiry - How much does social security owe for 60 thousand overdue fine

How much does social security owe for 60 thousand overdue fine

Depending on the local social security bureau, you can learn from this algorithm. If you want to pay back the social security in the middle, according to the national regulations, if the employer fails to pay the social security on time, the social security agency will order it to pay within a time limit or make up for it, and charge you a late fee of five ten thousandths every day from the date of default. If you pay social security yourself, the late payment fee shall be borne by the individual. The algorithm of late payment fee is: late payment fee = social security fee payable in the current month * days in arrears * five ten thousandths. For example: Xiao Wang has not paid social security for six years and owes more than 10,000 yuan, so the late payment fee that Xiao Wang should pay should be10000 * (365 * 6) * 0.05% =10950 yuan.