What do you mean by social security?

After the local upper and lower limits are determined this year and the unit completes the declaration of the payment base, the parties and the employer should pay the difference between the actual payment amount and the prepayment amount, which is the social security payment.

At the beginning of each year, the minimum base for collecting social security basically follows the payment base of the previous year. In July, a new minimum social security payment base will be released in general areas. When the new base comes out, it will generally be slightly higher than the previous year, so the amount of distribution in the first half of the year will be less. After the adjustment of the new base, it is necessary to make up the difference (including the personal part and the enterprise part). Of course, this base generally refers to 60% of social wages. If the payment base is much higher than the social wage, there is no problem of making up the difference.

At the beginning of the year, the new base of the social security annual inspection times was obtained from the average salary of employees in the previous year. After confirmation, all insurance will be deducted according to the new base. However, it is supplemented year by year according to the items deducted from the old base before adjustment, and all of them are supplemented according to the difference between the new base and the old base. The payment of endowment insurance is determined according to the payment base of the parties concerned, but the payment base is based on the local social wages of employees in the previous year, and the social wages can only be announced around May of the following year. Before the announcement, the insurance premium can only be paid in advance according to the payment base of the previous year.

legal ground

Social insurance law

Article 58 stipulates that the employer shall apply to the social insurance agency for social insurance registration for employees within 30 days from the date of employment. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Sixty-first social insurance fee collection agencies shall collect social insurance premiums in full and on time according to law, and regularly inform employers and individuals of the payment situation.

Article 63 If an 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.

Under normal circumstances, the time limit for paying back insurance depends on the social insurance premium collection agencies and enterprises.