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What are the provisions for the relief of social security late fees?
Social security late payment fee belongs to administrative compulsory means and should not be reduced or exempted. 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. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.
legal ground
Article 86 of People's Republic of China (PRC) 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.
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