Can the social security fund be refunded?

Because of 10, social security cannot be refunded, but can only be transferred. Interim Measures for the Transfer and Continuation of the Basic Old-age Insurance for Employees in Urban Enterprises (Abstract) I. Scope of Application

Who has participated in the old-age insurance personnel, in the inter-provincial mobile employment, according to the present measures to transfer and continue the old-age insurance relationship; Measures for the transfer and continuation of the pension insurance relationship for migrant workers in the province shall be formulated and put on record by the provincial people's government with reference to these measures.

Those who have gone through retirement procedures and received pension insurance benefits and settled across provinces will no longer transfer the pension insurance relationship.

Second, the basic principles

If the insured person is employed in inter-provincial flow, the pension insurance relationship shall be transferred to the place of employment. After the insured person transfers the pension insurance relationship and funds, the payment period (including deemed payment period) before and after the flow is calculated together, and the amount stored in the personal account is calculated cumulatively. If the insured has not reached the retirement age, he shall not terminate the pension insurance relationship in advance and go through the formalities of surrender, except for going abroad and settling in Hongkong, Macau and Taiwan Province Province.

Third, the transfer of funds

When the inter-provincial floating employment transfers the pension insurance relationship, all the savings in the personal account are transferred. The specific calculation is the accumulated principal and interest paid by the individual before 1998 1 plus all the savings from 1998 1 into the personal account; At the same time, the old-age insurance fund will be transferred based on 1998+ 1 and the sum of 12%. If the actual employment insurance payment is less than 1 year, the transfer funds shall be calculated according to the actual payment months.

The person in charge of Ministry of Human Resources and Social Security Endowment Insurance Department explained that the policy clarified the structure and amount of capital transfer. The insured cross-provincial migrant employment, in addition to the transfer of personal accounts to store extra, and then according to a certain proportion of my payment of wages to transfer funds. The transfer of personal account deposits basically maintains the current policy provisions to reflect the continuity of the policy.

The transfer amount of the overall fund is determined to be about 1998 1 2% of the actual payment wages in the following years. The timing was decided mainly because after 1997, the basic old-age insurance system and payment ratio were unified throughout the country.

Or a place to go through retirement procedures. In this way, even if the elderly are employed or insured in different places, their accumulated rights and interests will be guaranteed, and the population carrying capacity of the central city and the pressure on the endowment insurance fund can be appropriately reduced.

Fourth, the relationship continues.

For cross-provincial floating employment and returning to the place where the household registration is located, the insured shall timely handle the pension insurance relationship and fund transfer procedures. Men over 50 years of age, women over 40 years of age, employment insurance and household registration is inconsistent, in principle, before the flow of employment in the insured to maintain the old-age insurance relationship, in the new employment to establish a temporary old-age insurance payment account, according to the provisions of the new employment to pay old-age insurance; After that, if the temporary old-age insurance payment account is re-employed or reaches the retirement age stipulated by the state, all the payments in the temporary old-age insurance payment account will be transferred to the original location where the basic old-age insurance relationship is retained or where the retirement formalities are handled.

Interpretation For men over 50 years old and women over 40 years old who transfer to other regions, it is generally impossible for them to pay for 10 years in a new insured place and go through retirement procedures there according to the current retirement age. Therefore, it is stipulated to establish a temporary pension insurance payment account in a new employment place to facilitate them to continue to pay for insurance. When reaching the retirement age stipulated by the state, all the payments in the temporary pension insurance payment account will be transferred to the original basic pension insurance relationship.

Take a break and pay a basic pension; Those who have been insured in the last insured place for less than 10 years will be pushed forward in turn to the insured place for 10 years for retirement procedures; Those who have been insured for less than 10 years in various places shall go through retirement procedures at the place where they have their household registration.

The verb (abbreviation of verb) determines the retirement place.

When the insured reaches the retirement conditions stipulated by the state, if the pension insurance relationship is located at the domicile, the domicile shall be responsible for the retirement formalities and enjoy the pension insurance benefits. If the old-age insurance relationship is not located at the domicile, and the accumulated actual payment in the locality of the old-age insurance relationship reaches 10 years (including the local deemed payment period, excluding the temporary old-age insurance payment account period, the same below), the local retirement formalities shall be handled and the local old-age insurance benefits shall be enjoyed; If the actual payment is less than 10 years, and the old-age insurance relationship is transferred back to the original insured place, and the insurance payment has been full 10 years, the retirement formalities shall be handled and the old-age insurance benefits shall be enjoyed; Those who have not been insured for more than 10 years will be transferred back to their domicile, go through retirement formalities according to regulations, and enjoy pension insurance benefits.

The interpretation of this policy clarifies the principle of determining the retirement location, so as to clarify the local pension insurance rights and interests and protect the insured's pension insurance rights and interests. When the insured persons with inter-provincial floating employment meet the retirement conditions stipulated by the state, they shall go through the retirement formalities according to the domicile and enjoy the basic old-age insurance benefits; If the domicile is inconsistent with the insured place, if the insured place has been insured for 10 years at the last insured place, the insurance will be surrendered at the last insured place.

Six, the calculation of wage payment index

After the insured person transfers and continues the endowment insurance relationship and fund across provinces, when the endowment insurance benefits are approved, the payment wage index is calculated based on the annual payment wage of the insured person in each insured place and the average wage of the employees in each year corresponding to the last retirement place.

Seven, the handling of the transfer relationship.

If the insured person is employed in inter-provincial flow, the social security institution of the original place of employment shall issue a certificate of insurance payment for him; After the old-age insurance relationship is established and paid in the new employment place according to the regulations, the employer or the insured person himself will issue a certificate of insurance payment to the social security agency of the new employment place and put forward an application for the transfer and continuation of the old-age insurance relationship, and the social security agencies of the two places will be responsible for handling the transfer and continuation procedures and funds of the old-age insurance relationship. From 20 10 year 1 month, in principle, you can't surrender your insurance, but some areas are not perfect and may be ok. Please consult the local labor bureau for details. No refund can be made from 20 10. Only turn.