What if the company transfers to social security?

Social security cannot be transferred casually.

General principles for employers to pay social insurance:

The employing unit shall, within 30 days from the date of its establishment, apply to the local social insurance agency for social insurance registration with its business license, registration certificate or unit seal. The social insurance agency shall, within fifteen days from the date of receiving the application, conduct an audit and issue a social insurance registration certificate;

If the social insurance registration items of the employer are changed or the employer terminates according to law, it shall, within 30 days from the date of change or termination, go to the social insurance agency to change or cancel the social insurance registration;

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. Without social insurance registration, the social insurance agency shall verify the social insurance premium it should pay;

The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, who shall inform me of the details of paying social insurance premiums on a monthly basis;

If the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the employer last month. After the payer completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.

Penalties for employers' overdue payment of social insurance:

If the employer fails to pay or repay the social insurance premium within the time limit, the social insurance premium collection agency may inquire about its deposit account in banks and other financial institutions;

And can apply to the relevant administrative departments at or above the county level to make a decision on the allocation of social insurance premiums, and notify their bank or other financial institutions in writing to allocate social insurance premiums;

If the balance of the employer's account is less than the social insurance premium that should be paid, the social insurance premium collection agency may require the employer to provide guarantee and sign a holdover agreement;

If the employer fails to pay the social insurance premium in full and fails to provide guarantee, the social insurance premium collection agency may apply to the people's court for sealing up, distraining and auctioning the property whose value is equivalent to the social insurance premium that should be paid, so as to offset the social insurance premium with the proceeds from the auction.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.