Social security can be supplemented.

Social security can be supplemented. 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 within the time limit, the social security collection agency may take certain measures according to law or apply to other institutions to take certain measures to force the employer to pay.

A complete social security accumulation system: this system is a financial system that determines an average rate that can ensure balance of payments in a long period of time after calculating the related factors that affect the rate for a long time, and forms all insurance premiums (taxes) into the social insurance fund. This financial system is widely used in the personal account plan of endowment insurance under the framework of enterprise annuity system and social insurance system.

The most obvious advantage of this system is that due to the accumulation of funds, the insurance premium rate can remain relatively stable in the case of an aging population. But this advantage is based on the premise that the fund's rate of return is higher than the wage growth rate. The defects of this system are also obvious. First of all, a higher speed is needed in the initial stage of system operation; Second, the fund faces enormous inflationary pressure. If the fund is used properly, not only the social insurance system will benefit from it, but also the whole economy will benefit from the effective allocation of the fund. On the other hand, if the fund can't maintain and increase its value, the cost of this system is higher than the pay-as-you-go system.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 64 Social insurance funds include basic old-age insurance funds, basic medical insurance funds, industrial injury insurance funds, unemployment insurance funds and maternity insurance funds. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country.

The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it.

The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.

Article 69 Social insurance funds shall be invested and operated in accordance with the regulations of the State Council under the premise of ensuring safety, so as to maintain and increase the value.

Social insurance funds shall not be used for illegal investment and operation, for balancing other government budgets, for building or rebuilding office buildings, and for paying personnel expenses, operating expenses and management expenses, or for other purposes that violate laws and administrative regulations.