Suddenly deducted social security fees

Suddenly deducted the social security two fees:

The Social Security Administration generally deductions in the middle of the month. If the company pays social security to employees, generally do the declaration at the end of the month, the beginning of the month 1 - 10 days to pay the fees, the Social Security Administration in the middle of the month for deduction, the month to pay the fees of the month social security. Policies vary from place to place, the specifics, you can go to the local social security bureau to consult, or call the labor security phone 12333.

Social insurance premiums are shared by the main body is the state, enterprises and individuals. Different combinations of these three main bodies give rise to a number of ways of sharing costs. Even in the same country, different ways of sharing insurance costs may be used in different social insurance programs, with employer-employee contributions and the government taking the final responsibility being the most common.

This means that the same amount of premiums is charged regardless of the income of the insured or the employer. The advantage of this system is that the calculation is simple, easy to implement; and the use of this method of collecting insurance premiums in the country, in its payment, generally also adopts the equalization system, has the meaning of income and expenditure are equal. But its defect is that the low-income people and high-income people pay the same premiums, in terms of affordability is obviously unfair.

Based on the insured's salary income, a certain percentage is set to collect premiums. The main purpose of social insurance is to compensate the insured for the loss of income during the period of risky accidents in order to maintain his/her minimum living standard. Therefore, it is necessary to refer to his/her income on which he/she usually depends for his/her living standard on the one hand, and the basis of premium calculation on the other hand.

The greatest defect of the proportional premium system based on work is that the burden of social insurance is directly linked to wages. Whether both employers and employees pay social insurance premiums or one of them pays social insurance premiums, the burden of social insurance is manifested in an increase in the cost of labor, which results in the crowding out of labor by capital, thus causing an increase in unemployment.

Legal Basis

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

Article 86 If an employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order the employer to pay the premiums by a certain date or make up for the full amount, and shall impose a fine of five ten thousandths of a cent on a daily basis from the date of non-payment; in case of failure to pay the premiums after the expiration of the time limit, the administrative department shall impose a fine of not less than twice and not more than three times of the amount of the unpaid premiums. triple the amount of outstanding fines.