Can an individual get a refund after paying social security for one year?

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.

1. If the insured fails to pay the fee after reaching retirement age 15 years, and does not meet the payment conditions, he can apply for a one-time payment, that is, give up the old-age insurance;

2, repeated insurance and termination of labor relations, provide proof of repeated insurance;

3. If the insured goes abroad to settle down, he/she can apply for a refund directly at the exit and entry formalities and the cancellation page of the household registration book issued by the local government department;

4. If the insured dies, it shall be collected by the heir.

Note that paying social security by yourself is flexible employment and paying social security. The actual payment ratio is 20%, of which 12% is transferred to the overall account and 8% to the personal account. However, only 8% of personal accounts can be refunded when surrendering, accounting for 40% of the total personal contributions. In addition, 12% will not be refunded.

: reaching retirement age, but the accumulated payment of endowment insurance is insufficient 15 years. You can terminate the old-age insurance relationship and apply for the refund of the money in the personal account of the old-age insurance, but the social pooling account cannot be refunded, that is, a small part of the social security fee can be refunded. In the second case, those who have settled abroad and have cancelled their accounts can apply for a one-time refund of their personal accounts for pension insurance and medical insurance.

Legal basis: According to Article 14 of the Social Insurance Law of People's Republic of China (PRC).

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.