Social security retirement of immigrants

Ministry of Human Resources and Social Security Order of the People's Republic of China

No. 13

The "Several Provisions on the Implementation of the Social Insurance Law of People's Republic of China (PRC) in Ministry of Human Resources and Social Security" has been deliberated and adopted at the 67th ministerial meeting, and is hereby promulgated, and shall come into force as of July 20 1 year/day.

Minister Yin Weimin

20 1 1 June 29th, 2008

Article 6 Individual accounts of employees' basic old-age insurance shall not be withdrawn in advance. Individuals who leave the country to settle down before reaching the legal conditions for receiving the basic pension shall keep their personal accounts and enjoy the corresponding pension insurance benefits in accordance with state regulations when reaching the legal conditions for receiving the basic pension. Among them, those who lose their nationality in People's Republic of China (PRC) may apply in writing to terminate the basic old-age insurance relationship for employees when leaving the country or after leaving the country. After receiving the application, the social insurance agency shall inform it in writing of its right to keep personal accounts and the consequences of terminating the basic old-age insurance relationship for employees. After my written confirmation, I will terminate the employee's basic old-age insurance relationship and pay me the amount stored in my personal account in one lump sum.