Job Recruitment Website - Social security inquiry - Does the company's default on social security fees affect individuals?

Does the company's default on social security fees affect individuals?

Legal analysis: There are mainly the following adverse consequences:

1. Before the arrears are paid, employees' personal social security cannot be transferred out or retired, and hospitalization and work-related injuries cannot be reimbursed, which is not conducive to employees' personal life.

2. When the unpaid social security is paid back, a certain percentage of late fees will be levied, which will cause the cost burden of the enterprise.

3. Employees can leave their jobs on this ground, get economic compensation according to law, and face fines and late payment fees from social security departments.

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