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How often does social security pay?
The payment time of social security is determined by local social security policies and regulations. Social security payment time may be different in different regions and industries, but it is generally paid at a specific time of each month. The specific time period may vary according to different regions and policies, but it is generally between 10 and the 25th of each month.
The benefits of social security are as follows:
1, old-age security: the old-age insurance in social security provides basic living security for retirees. When they reach the legal retirement age and pay enough old-age insurance, retirees can receive pensions to ensure their basic livelihood.
2. Medical insurance: Medical insurance in social security provides medical insurance for the insured. When the insured is sick or injured, part or all of the medical expenses can be reimbursed through medical insurance to reduce the economic burden.
3. Unemployment insurance: Unemployment insurance in social security provides basic living security for the unemployed. When the unemployed lose their jobs, they can receive unemployment benefits through unemployment insurance to maintain their basic livelihood.
4. Work-related injury insurance: Work-related injury insurance in social security provides medical insurance and economic compensation for the insured injured at work. If the insured is injured at work, he can reimburse medical expenses and get economic compensation through work-related injury insurance.
5. Maternity protection: Maternity insurance in social security provides maternity protection for female employees. When a female worker gives birth, she can reimburse part or all of the birth expenses through maternity insurance, get maternity allowance and reduce the economic burden.
To sum up, social security is generally paid at a specific time every month. The specific time may vary according to regions and policies, but it is generally between 10 and 25 per month. Enterprises and individuals need to know the local social security policies and regulations, and pay them according to the prescribed time period to avoid unnecessary fines and other adverse consequences.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 60
The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.
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