Job Recruitment Website - Social security inquiry - Does the company have to pay for social security employees?
Does the company have to pay for social security employees?
Legal analysis: both enterprises and employees have to bear the expenses. Normal social security payment, enterprises need to bear most of the payment ratio, while employees only need to bear a small part, so employees and enterprises need to bear the same expenses for social security payment.
Legal basis: People's Republic of China (PRC) Social Insurance Law.
Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.
Thirteenth employees of state-owned enterprises and institutions to participate in the basic old-age insurance, the basic old-age insurance premium should be paid by the government during the payment period. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.
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