Will the Social Security Bureau go bankrupt and liquidate?

The social security bureau will go bankrupt and liquidate. According to the relevant public information, according to the provisions of the Company Law, the formal dissolution of a company must go through liquidation procedures. According to the law, the company's property shall pay the liquidation expenses, employees' wages, social insurance expenses and statutory compensation separately, pay the taxes owed and pay off the company's debts. Among them, the interests of employees are related to their wages, social insurance premiums and statutory compensation, and employees can recover from the liquidation group through litigation. The bankruptcy contract of the company is terminated according to law. When the company goes bankrupt, it pays the wages owed to the workers first, without extra compensation. The liquidation group may be required to consider paying maternity insurance until the end of lactation.