Qingdao's latest social security payment policy

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2. Employers and individuals shall pay social insurance premiums in accordance with the payment base approved by social security agencies over the years and the payment ratio stipulated at that time.

3. If it is impossible to determine the base of payment over the years, 60% of the average salary of on-the-job employees implemented in Qingdao over the years will be used as the base for payment.

4. The overdue expenses shall be borne by the employer and the individual respectively.

Flexible employees:

1. If the flexible employees stop paying fees for no more than three months within three years from the month of applying for paying back the fees, they can pay back the fees according to the regulations.

2. Flexible employees who have interrupted payment for more than 3 months are not allowed to pay back.

Retirees:

When the insured reaches the statutory retirement age, if the accumulated payment period of the basic old-age insurance is less than 15 years, the payment can be extended to fifteen years. After the implementation of the Social Insurance Law, if the payment is extended for five years but still less than fifteen years, it can be paid in one lump sum for fifteen years.

What will happen if social security is not paid on time in Qingdao?

1. Affect employees' normal enjoyment of social medical insurance benefits.

2 affect the payment and enjoyment of medical insurance benefits for children registered in non-local preschool education institutions.

3. Affect the enrollment of children of employees who are not registered in this Municipality.

4. Affect the eligibility of non-registered households in this city to purchase houses.