When does social security usually deduct money?

When the social security premium is deducted, the social security payment time varies from place to place. The social security bureau will generally deduct the social security expenses of the employees of the company this month between the 20th and 25th. In many places, as long as it is not deducted next month, there will be no late payment fee. However, there is no guarantee that employees will be able to enjoy social security benefits next month after the 25th.

The social security card has the following functions:

1, personal social security related information records, electronic certificates and information inquiry, etc. ;

2. Record the insured's name, ID number, date of birth, gender, nationality, household registration and other basic information;

3, query my pension, unemployment, medical care, work injury and maternity insurance payment;

4. You can take the card to the hospital to see a doctor, settle the medical insurance personal account, and buy medicine at the pharmacy;

5 for medical care, unemployment, pension, work injury, maternity and other social security affairs;

6. Query the total amount of endowment insurance and medical insurance;

7. Handle social security affairs such as receiving pensions, registering for job hunting and unemployment, applying for unemployment insurance benefits, and vocational training.

To sum up, when deducting social security fees, the payment time of social security varies from place to place. However, the Social Security Bureau will generally deduct the social security expenses of company employees this month between the 20th and 25th.

Legal basis:

Article 12 of the Social Insurance Law of People's Republic of China (PRC)

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.