Hangzhou unit does not pay social security in a timely manner will be penalized?

Legal analysis: the employer fails to pay social insurance premiums in full and on time, the local tax authorities shall order it to pay or make up for the period of time still not paid or make up for the period of time, by the county above the approval of the main person in charge of the local tax authorities, can be to the bank and other financial institutions to inquire about their deposit accounts and decided to transfer the social insurance premiums, the bank and other financial institutions shall be implemented in accordance with the law.

Legal basis: "Hangzhou Measures for the Collection and Payment of Social Insurance Premiums" Article 23 If an employer fails to pay the social insurance premiums in full and on time, the local tax authorities shall order the employer to pay the premiums by a certain period of time, and if the employer fails to pay the premiums by a certain period of time, the employer shall, subject to the approval of the principal person in charge of the local tax authorities of the county or higher, make inquiries into the deposit accounts of the banks and other financial institutions and decide to allocate the premiums to them, which shall be implemented by the banks and other financial institutions in accordance with law. other financial institutions shall be implemented in accordance with the law.

Where the balance of the account of an employer is less than the social insurance premiums that should be paid, the local tax authorities may require the employer to provide a guarantee, and where a guarantee is provided by signing an agreement on deferred payment of premiums, the local tax authorities may apply to the people's court for the seizure, attachment or auction of the property whose value is equal to the amount of the social insurance premiums that should be paid, and the proceeds of the auction shall be set off against the payment of the social insurance premiums.