The latest case of the high court: how to compensate for the loss of pension insurance benefits caused by the company's failure to pay social security?

Zheng Xiaofeng went to work in Wuxi Xinwei Company on March 7, 2006, and turned 50 years old on April 8, 2006. After reaching the statutory retirement age, he continued to work in the company and did not participate in social insurance during his tenure.

On June 20 16, the company verbally dismissed Zheng Xiaofeng and informed him to leave before July 20 16.

Zheng Xiaofeng believes that when he terminated his labor relationship with the company in June, 20 16, he had been working in the company continuously for 5 years16, and the company failed to pay social security, which led to his inability to receive a pension. The company shall compensate 500,000 yuan for the loss of social security benefits such as endowment insurance, and pay150,000 yuan for the illegal termination of labor relations.