What about personal social security when the factory closes down?

After the bankruptcy of the company, the social security of the employees of the company can be paid as flexible employees. 1. First, confirm the social security status of employees, whether they owe money or stop paying. 2. Before the bankruptcy liquidation of the company, it is necessary to go to the local social security bureau to go through the formalities of stopping payment, and the social security of the on-the-job employees is in a state of stopping payment before it can be transferred. 3. If the enterprise has not gone through the formalities of stopping payment before bankruptcy, then this situation will be more difficult, and it will be in a state of default, and it needs to be paid in the name of the company before it can be transferred out or paid again. In this case, we can only handle the transfer procedures through the special procedures of the local social security bureau. 4. Flexible employees shall be paid by themselves according to regulations, or by the bankruptcy liquidation group with the consent of the workers' congress at the end of bankruptcy liquidation, and then all expenses of flexible employees can be paid. 5. Flexible employees shall pay the fees in time, and the overdue fees shall not be paid after the year.

legal ground

Article 64 Social insurance funds include basic old-age insurance funds, basic medical insurance funds, industrial injury insurance funds, unemployment insurance funds and maternity insurance funds. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country. The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it. The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.