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How much does it cost to make up social security contributions in Suzhou?
How much does it cost to make up a social security payment in Suzhou? The cost of social security replacement in Suzhou is approximately between 21,000 yuan and 150,000 yuan. Social security retroactive payment is based on the age of the person concerned and the type of insurance chosen, after the implementation of the individual contribution system, the approved contribution base, but also paid, and then for various reasons no longer declared the contribution base, and no longer pay, for the interruption of the payment of enterprises and personnel. Units that are required by the state and province to participate in the pension insurance for enterprise employees shall, in accordance with the state and provincial regulations, participate in the basic pension insurance for all personnel who have established a labor relationship with the unit (including fixed-term workers who are under the age of 60 for males and under the age of 55 for females, and former temporary workers under the labor contract system and after the implementation of the contribution system for temporary workers). If, for reasons attributable to the employer, some of the employees have not yet paid their basic pension insurance contributions, the employer may submit a written application for retroactive contributions to the Ministry of Labor and Social Security, together with proof of the existence of a labor relationship with the insured person during the period of the application for retroactive contributions and proof of wages and income, and then, upon confirmation, the enterprise and the individual employee shall make retroactive contributions to the basic pension insurance plan for the same month in which the enterprise and the individual*** have been required to make the same contributions. Article 63 of the Social Insurance Law If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order the employer to pay the premiums within a certain period of time or to make up the full amount. If the employer fails to pay the social insurance premiums in full or on time, the social insurance premium collection agency may inquire banks and other financial institutions about their deposit accounts; it may also 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 in writing the banks or other financial institutions where the account is opened to allocate the social insurance premiums. If the balance of an employer's account is less than the amount of social insurance premiums that should be paid, the social insurance premium collection agency may require the employer to provide a guarantee and sign an agreement on deferred payment of premiums. If the employer fails to pay the full amount of social insurance premiums and fails to provide a guarantee, the social insurance premium collection agency may apply to the people's court to seize, attach or auction the property whose value is equal to the amount of social insurance premiums that should be paid, and use the proceeds of the auction to offset the social insurance premiums. Social security insurance is the state to the individual pension insurance, to a large extent, for the elderly to provide a certain degree of life protection, reduce the new generation of labor groups of the burden of old age.
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