What do you mean by social security as payment?

Social security deemed payment period refers to the continuous service time calculated in accordance with state regulations before the actual payment of social security period in all working years of employees, as follows:

1. Generally speaking, the social security payment period includes deemed payment period and actual payment period. Before the implementation of the basic old-age insurance premium system for enterprises and employees, the time calculated as continuous length of service according to state regulations can be regarded as "social security deemed payment period", which can be combined with the actual payment period to calculate and pay the old-age insurance premium;

2. After the formal employees of government agencies and institutions are transferred to the enterprise, they shall participate in the basic old-age insurance for enterprise employees, and their original working years shall be regarded as the payment period; Retired soldiers in cities and towns and educated young people in rural areas are recruited as contract workers and participate in basic old-age insurance. Their length of military service and rural areas are calculated as continuous length of service according to state regulations, that is, social security is regarded as the payment period.

Legal basis: Article 63 of People's Republic of China (PRC) Social Insurance Law.

If the employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up within a time limit.

If the employer fails to pay or repay the social insurance premium within the time limit, the social insurance premium collection agency may inquire about its deposit account in banks and other financial institutions; And can apply to the relevant administrative departments at or above the county level to make a decision on the allocation of social insurance premiums, and notify their bank or other financial institutions in writing to allocate social insurance premiums. If the balance of the employer's account is less than the social insurance premium that should be paid, the social insurance premium collection agency may require the employer to provide guarantee and sign a deferred payment agreement.

If the employer fails to pay the social insurance premium in full and fails to provide guarantee, the social insurance premium collection agency may apply to the people's court for sealing up, distraining and auctioning the property whose value is equivalent to the social insurance premium that should be paid, so as to offset the social insurance premium with the proceeds from the auction.