Social security relationship during bankruptcy liquidation

During the bankruptcy liquidation, the social security relationship shall be transferred by the company within the specified time. If the company goes bankrupt and liquidates, it shall pay off the social insurance premiums owed by the bankrupt property that should be transferred to the employee's personal account. The company shall go through the formalities for the transfer of files and social insurance relations for employees within 15 days after the dissolution or termination of the labor contract.

legal ground

Article 50 of the Labor Contract Law of People's Republic of China (PRC) * * * The employing unit shall issue a certificate of dissolution or termination of the labor contract at the time of dissolution or termination, and go through the formalities of transferring the relationship between files and social insurance for the employee within 15 days. Laborers shall handle the work handover according to the agreement of both parties. If the employing unit should pay economic compensation to the workers in accordance with the relevant provisions of this law, it should pay it when the work handover is completed. The employing unit shall keep the text of the dissolved or terminated labor contract for at least two years for future reference.