What if the company defaults on its pension?

If the unit defaults on the pension, the employee may ask the unit to pay it back. If the unit does not return it, the employee can complain to the labor inspection department or resign and ask for compensation. If the employer fails to pay the social insurance premium in full and on time, the social insurance premium collection agency shall order it to pay it within a time limit or make up for it, and from the date of default, an overdue fine of 5/10000 shall be added daily.

If the unit fails to pay the endowment insurance, it may complain to the labor inspection department or resign and ask for compensation.

Relevant laws and regulations:

The relevant contents of the Labor Security Supervision Regulations stipulate: "If an employer conceals the total wages or the number of employees when reporting the amount of social insurance premiums that should be paid to the social insurance agency, the administrative department of labor security shall order it to make corrections and impose a fine of more than one time and less than three times the amount of wages."

In addition, the relevant content of the Social Insurance Law stipulates: "If the employer fails to pay the social insurance premium in full and on time, the social insurance premium collection agency shall order it to pay or repay it within a time limit, and from the date of default, an overdue fine of 5/10000 will be added daily; If it fails to pay within the time limit, the relevant administrative department shall impose a fine of more than one time and less than three times the amount owed. "

What should I do if my retirement salary doesn't arrive suddenly?

1. Retirement salary has not been paid, which belongs to illegal wage arrears. The parties may apply to the local labor dispute arbitration department for arbitration or complain to the labor inspection brigade.

2. According to national regulations, in arbitration or litigation, the parties may demand that in addition to paying the wages and salaries of the workers in full within the specified time, they also need to pay economic compensation equivalent to 25% of the wages and salaries. Retirees' pensions are usually paid in full and on time. Retirees' pensions are not paid in full and on time, and should be inquired by the social security bureau for retirement procedures.

3 calculation of the basic old-age insurance premium payment wage base. According to the current regulations, the basic old-age insurance premiums paid by enterprises and units participating in the basic old-age insurance shall be approved by the local tax authorities. Individual employees of enterprises take their salary income of last month as the payment base. The maximum is not more than 300% of the average monthly salary of local employees, and the minimum is not less than 60% of the average monthly salary of local employees.

To sum up, it is Bian Xiao's answer to what to do if the company can't pay the pension. I hope it will help you.

legal ground

Article 86 of the Social Insurance Law

If the employer fails to pay the social insurance premium in full and on time, the social insurance premium collection agency shall order it to pay it within a time limit or make up for it, and from the date of default, an overdue fine of 5/10000 shall be added daily; Failing to pay within the time limit, the relevant administrative departments shall impose a fine of more than one time and less than three times the amount owed.