What is the late payment of social security?

We all know that social security can be cut off, can also be transferred, in the process of social security if you do not pay on time, according to the "People's Republic of China *** and the State Social Insurance Law" will involve a "late payment" of the problem, then what is the specific social security late payment? Social security late payment how to calculate ? Here we will answer for you one by one, to help you understand in detail social security late payment.

What are social security late fees?

According to Article 86 of Chapter 11 of the Social Insurance Law, "If an employer fails to pay the social insurance premiums in full and on time, the social insurance premium collection agency shall order the payment of the premiums within a certain period of time or make up for the full amount, and shall impose a late fee of five ten thousandths of a cent per day from the date of the unpaid premiums; and if the premiums are not paid after the expiration of the period of time, the administrative department shall impose a penalty of more than double or less than triple of the amount of the unpaid premiums. " This is a legal literature explanation of social security late payment.

How to calculate the late payment of social security?

Participating units that do not apply for the insurance procedures for employees within the specified time shall pay social security premiums on a monthly basis from the month of the signing of the labor contract and add a late fee according to the provisions of the labor contract within two months of the signing of the contract to participate in the insurance does not add a late fee, more than two months to participate in the insurance, late fees from the 6th of the following month after the signing of the contract of employment to the unit for the insurance of the additional members of the same day to be charged by the daily addition of two per thousand. Late payment fee. According to the Social Insurance Law, if an employer fails to pay the social insurance premiums in full and on time from June 2013 onwards (including June), the social insurance premium collection agency shall order the payment of the premiums by a specified date or make up the full amount, and impose a late payment fee of five ten thousandths of a cent per day from the date of non-payment. The late payment fee for delayed enrollment is generated by the system at the beginning of the month when the accounts are built.

The above is what I brought you what is the social security late payment? How to calculate the social security late payment?