When is the latest time to pay for social security in 2021

When is the latest time to pay for social security in 2021: until December 31 at the latest.

Flexible employment personnel social security, that is, personal social security payment time, there is no strict time limit, because he can pay a one-time payment of a year, so generally as long as the contribution base out, the specific amount of contributions announced, at any time you can go to the social security center, but according to the relevant provisions, in order to not be paid, the general medical insurance before June 30 to pay for the year, the Pension insurance is paid before December 31st.

Social insurance is one of the most important components of the social security system. Therefore, when discussing the history of social insurance it is not possible to take social insurance out of social security.

Social insurance is a system in which the state, through legislation, compels the establishment of a social insurance fund to give necessary material assistance to workers participating in labor relations in case of incapacity or unemployment. Social insurance is not for profit.

Social insurance is mainly through the mobilization of social insurance fund, and within a certain range of social insurance fund to implement the co-ordination of transfer to the workers encountered in the labor risk to give the necessary help, social insurance for workers to provide a basic livelihood protection, as long as the workers meet the conditions for enjoying the social insurance, i.e., either with the employer to establish a labor relationship, or has been in accordance with the provisions of the payment of social insurance premiums, can enjoy social insurance. As long as a worker meets the conditions for enjoying social insurance, i.e., either has established a labor relationship with the employer or has paid the required social insurance premiums, he or she is entitled to social insurance benefits. Social insurance is the core of the social security system.

Social insurance must be based on the probability of occurrence of various risks and accidents, and in accordance with the standard of payment of the total amount of expenditure estimated in advance, to find out a certain percentage of the burden of the insured, as a standard for determining the rate of insurance premiums. Moreover, unlike commercial insurance, the calculation of social insurance premium rates needs to take into account more socio-economic factors in addition to risk factors in order to find a fair and reasonable rate.

Legal basis

The Social Insurance Law of the People's Republic of China

Article 16 Individuals who have participated in basic old-age pension insurance shall receive a monthly basic old-age pension if they have accumulated fifteen years of contributions by the time they reach the legal retirement age.

Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the statutory retirement age may contribute until they reach the full fifteen years and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or the urban residents' social old-age insurance, and shall enjoy the corresponding old-age insurance treatment in accordance with the provisions of the State Council.