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Can China's old-age insurance be refunded after getting Singapore pr?
According to "Social Insurance Law", personal account pension is the funds saved for retirement during personal work, and it is an important part of basic old-age insurance benefits. The state forces the withdrawal, and individuals are not allowed to withdraw in advance before retirement. Therefore, under normal circumstances, if you want to return the employee pension insurance, you need to wait until you reach the statutory retirement age before you can implement it. The specific surrender conditions of employee pension insurance can be consulted by the local social security bureau.
Meet the following conditions, can be returned to the employee pension insurance.
1. If you change your nationality and settle abroad, you should provide a passport, visa or immigration formalities with the word "immigration" issued by the government department of your place of residence, and the cancellation page of your household registration book. Return the personal payment principal and interest during the enterprise payment period, the personal account principal and interest during the flexible employment payment period and the personal payment principal outside the personal account.
2. In case of work-related death, the inheritance amount of the legal heir is the personal payment principal and interest during the enterprise payment period, the personal account principal and interest during the flexible employment payment period and the personal payment principal outside the personal account.
3. Repeated payment. If the payment of flexible employees is repeated with the payment of enterprises, the payment of flexible employees will be refunded; If the amount withheld and remitted by the bank is duplicated with the enterprise payment, the part of the enterprise payment during the duplication period shall be refunded; If the payment information of institutions and flexible employees is repeated, the payment part of flexible employees during the repeated period will be returned.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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