What's the impact of not paying social security fees?

Failure to pay social security fees will have the following effects:

1, affecting social security benefits: social security is a social security system. Long-term non-payment or arrears may lead to the reduction or loss of social security benefits;

2. Late payment fee: failure to pay social security fees within the prescribed payment period may result in late payment fee and increase the payment burden;

3. Record credit files: Social security payment records are one of your credit files. If you owe money for a long time or don't pay it back, it may have a negative impact on your credit record;

4. Being punished: According to relevant laws and regulations, if you don't pay or owe money for a long time, you may be fined or punished.

Social security contributions need to meet the following conditions:

1. The social security payment period has ended. The social security payment period is generally the last day of each month or the last day of each quarter. If you miss this payment period, you need to pay social security.

2 social security payments shall be paid within the prescribed payment period. According to different regions and different social security regulations, the time and period of social security payment may be different, and it is generally necessary to pay within the prescribed payment period;

3. The amount of social security payment needs to be calculated according to the actual situation. Generally speaking, the amount of social security payment needs to be calculated according to the actual payment situation and payment time, and the specific calculation methods and standards may be different due to different regions and policies.

To sum up, the specific conditions and regulations of social security payment may be different in different regions and different social security regulations. It is recommended that you know the relevant local policies and regulations before paying social security, and consult the local social security department or call the local social security service hotline for consultation.

Legal basis:

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

Article 58

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.