Can the social security money be refunded?

Social security money is not refundable.

Before retirement, the social security personal account cannot be withdrawn. You can only retire if you retire.

Social security can be refunded as follows:

1. Repeated participation: the relationship of multiple endowment insurance violates the uniqueness of basic endowment insurance. This situation is generally caused by dual labor relations or repeated insurance participation without understanding the policy. When collecting the old-age insurance relationship, the principle of "first transfer and then liquidation" is generally followed, and the principal and interest of individual contributions that cannot be merged can be returned to me;

2. Unable to transfer: if the insured individual reaches the statutory retirement age, but the accumulated payment is less than 15 years, and he is unwilling to continue to pay, he can be paid the amount stored in his personal account in one lump sum;

3. Retirement of servicemen: Servicemen who have participated in endowment insurance and set up personal accounts before enlisting, who retire from active service and take the form of retirement or support, may apply for a refund of the amount stored in their personal accounts;

4. Change of nationality: If you lose China nationality, you can apply in writing to terminate the employee's basic old-age insurance relationship when you leave the country or after leaving the country, and the amount stored in your personal account will be paid to you in one lump sum.

The payment method of social security fund is as follows:

1. Intermediary payment: Choosing a suitable social security agency for payment is the most direct and worry-free remedy, and the amount of payment will be high. We not only need to pay the necessary fees for social security, but also pay the service fees of social security agencies;

2. Social Security Bureau pays by itself: For local people, they can go directly to the Social Security Bureau and pay social security for urban workers or urban residents;

3. Subsequent payment: The years of pension and medical insurance can be accumulated. If the payment is cut off, you can only pay enough after several years. So we can also choose to return it sometime in the future.

To sum up, the social security money cannot be refunded, and it can be partially or fully refunded at retirement age.

Legal basis:

Article 60 of People's Republic of China (PRC) Social Insurance Law

The employing unit shall declare itself and pay social insurance premiums in full and on time, and shall not postpone or reduce the payment except for legal reasons such as force majeure. The social insurance premiums that employees should pay shall be withheld and remitted by the employer, and the employer shall inform me of the details of paying social insurance premiums on a monthly basis.

Individual industrial and commercial households without employees, part-time employees who have not participated in social insurance in the employing units and other flexible employees can pay social insurance premiums directly to the social insurance premium collection agencies.