How to calculate the late payment fee for social security pension

Although the old-age insurance can be paid after 6 months of interruption, the relevant departments will charge a certain late fee at this time. So how much do you have to pay for the late payment of endowment insurance? This is closely related to the amount of overdue payment, the number of days of delay and other factors, but for enterprises, it is generally around several hundred to several thousand yuan.

To understand this problem, we must first know the calculation formula of the late payment fee for endowment insurance. Generally speaking, the calculation formula of late payment fee for endowment insurance is: supplementary endowment insurance amount × delayed days × two thousandths/five thousandths. That is to say, if the overdue days of the enterprise are 30 days, the total payment of endowment insurance is15,000 yuan, and the collection standard of late payment fee is two thousandths, then the insurance late payment fee is 900 yuan.

Then, the collection standard of late payment fee is 0.5 ‰. If the overdue days of the enterprise are 60 days, and the total payment of endowment insurance is10.5 million yuan, the insurance late payment fee =10.5 million× 60× 5 ‰ = 4,500 yuan. In other words, after the enterprise pays the endowment insurance, it has to pay a late fee of 4,500 yuan to the social security agency.

The late payment fee for endowment insurance needs to be calculated according to the amount paid and the number of overdue days. The specific formula is payment amount × overdue days × two thousandths/five thousandths. That is to say, if the overdue days of the enterprise are 30 days and the overdue amount is15,000 yuan, which is charged at two thousandths, the insurance late payment fee in 900 yuan should be paid.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.