Is the social security payment entirely borne by the company?

Social security payment is not entirely borne by the company.

Social security contributions are shared by units and individuals. Units only bear part of the expenses, and individuals also need to bear a certain proportion of the expenses. Specifically, the unit bears about 33% of the social security contribution base, and the individual needs to bear about 1 1% of the social security contribution base. If an individual fails to pay social security after leaving his job and can't find a new unit to help him pay it back, he can only pay medical insurance and endowment insurance, and all the insurance expenses are borne by himself. If a new unit is found, the new unit is willing to help make it up. Individual contributions and unit contributions are borne by themselves, and the unit is only responsible for helping to pay back.

The latest regulations on employee social security payment are as follows:

1. Payment standard: 60% of the average annual salary of the insured land is used as the payment standard for social security fees, of which 20% is used as supplementary payment. Paying social security is not the same as paying social security normally. You can choose the corresponding payment base according to your actual situation, and the payment base for paying back social security is strict.

2. Payment age: The payment of social security needs to be completed before reaching retirement age. If the social security has not been paid in full beyond the payment age, the over-age personnel shall apply to the unit to pay the social security, and then the unit shall submit the payment materials. After completing the payment as required, it can be counted as the completion of social security payment, and you can enjoy the relevant treatment normally after retirement.

To sum up, social security payment was interrupted for some reasons, and it was not paid in the middle months. Now, due to recruitment or other reasons, it is necessary to make up the part that has not been paid before, in order to obtain a complete social security period and ensure the normal identification of recruitment and settlement.

Legal basis:

Article 63 of People's Republic of China (PRC) Social Insurance Law

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 or repay the social insurance premium within the time limit, the social insurance premium collection agency may inquire about its deposit account in banks and other financial institutions; And can apply to the relevant administrative departments at or above the county level to make a decision on the allocation of social insurance premiums, and notify their bank or other financial institutions in writing to allocate social insurance premiums. If the balance of the employer's account is less than the social insurance premium that should be paid, the social insurance premium collection agency may require the employer to provide guarantee and sign a deferred payment agreement.

If the employer fails to pay the social insurance premium in full and fails to provide guarantee, the social insurance premium collection agency may apply to the people's court for sealing up, distraining and auctioning the property whose value is equivalent to the social insurance premium that should be paid, so as to offset the social insurance premium with the proceeds from the auction.