What conditions can I apply for social security holdover in Wuxi?

Enterprises in difficulty that meet the requirements may, upon approval, continue to postpone the payment of three social insurance premiums for pension, unemployment and work-related injuries for a maximum period of six months. The details are as follows:

An enterprise that can defer payment of social insurance premiums shall be an enterprise that encounters difficulties in production and operation but is expected to recover, is temporarily unable to pay employees' wages and social insurance premiums, has a good credit record, has no unpaid social insurance premiums before application (except for those approved to defer payment) and meets the following conditions:

(1) The net profit loss of an enterprise at the end of last year is the net profit loss for three consecutive months before applying for extension (the loss of the previous year is not considered for newly established enterprises in that year, and the number of months of loss after less than three months of operation is calculated according to the actual number of months of operation).

(2) The enterprise has taken measures to stabilize jobs and has not laid off employees in batches in the past six months (the number of employees applying for deferred payment in the current month is less than 10% and less than 20 employees applying for deferred payment in the previous six months).

(III) The average monthly balance of monetary funds in the three months before the enterprise applies for holdover is less than 5 times of the social insurance premium payable in the month when the enterprise applies for holdover, and it may be difficult to pay the employees' wages in full and on time.

Note: Labor dispatch enterprises and labor outsourcing enterprises may not apply for deferred payment.

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Conditions for extension of social security in extremely poor industries

Catering, retail, tourism, civil aviation, highway, waterway, railway transportation enterprises, individual industrial and commercial households with employees who participate in social insurance in the form of units, etc., shall be deferred according to the enterprise measures. You can apply for deferment of the basic old-age insurance premium for enterprise employees from April to June, 2022, and the unemployment insurance premium and work-related injury insurance premium from April to March, 2023, and the late payment fee will be exempted during the deferment period.

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