Can I withdraw the principal if the social security payment is less than 15?

Individuals who participate in the basic old-age insurance for employees reach the statutory retirement age, apply for transfer to the new rural social endowment insurance or urban residents' social endowment insurance where their household registration is located, and enjoy the corresponding old-age insurance benefits.

You can participate in individual social insurance under the following circumstances:

Reach retirement age, but fail to meet the condition of payment 15 years (the amount stored in personal account is paid in full); The insured dies for some reason; The insured has settled abroad; After retirement, there is still a balance in the personal account; Rural household registration in other places can apply for the refund of the individual contribution of the old-age insurance after leaving the company, and the unit part cannot be refunded, and other social security cannot be refunded.

Surrender scheme 1: When you reach the legal retirement age of 60, you can surrender your insurance without doing anything at this time. If unfortunately, you had this idea before you retired, then you can only wait patiently. Because even if you stop the insurance, it doesn't mean you can get the money. The money returned will not be collected until you are 60 (female 55).

Option 2: Suppose you want to go abroad and settle overseas. The account is cancelled in the public security organ. As long as you apply for surrender, the social security department will give it to you immediately.

Surrender scheme 3: the insured dies. If the insured is unlucky and dies before retirement age. There is no problem in surrendering at this time. The relevant departments will not only immediately return their savings to their families, but also give more money. As long as the heirs of the insured go through the surrender formalities at the local social security department, they may also give certain funeral expenses and pensions, depending on the family situation of the insured.

After reaching retirement age, if you have not paid social security 15 years, you can withdraw the amount from your personal account at one time.

legal ground

Implementation of several provisions:

Article 3 Individuals who participate in the basic old-age insurance for employees who have paid less than 15 years after reaching the statutory retirement age (including extending the payment in accordance with Article 2) may apply for transfer to the new rural social endowment insurance or urban residents' social endowment insurance where their household registration is located, and enjoy the corresponding old-age insurance benefits.

Individuals who participate in the basic old-age insurance for employees reach the statutory retirement age, and the accumulated payment is less than fifteen years (including the extension of payment in accordance with the provisions of Article 2), and have not been transferred to the new rural social endowment insurance or urban residents' social endowment insurance, individuals can apply in writing to terminate the basic old-age insurance relationship for employees.

After receiving the application, the social insurance agency shall inform it in writing of its right to transfer to the new rural social endowment insurance or urban residents' social endowment insurance and the consequences of terminating the basic endowment 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.

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.

After the death of an individual who participates in the basic old-age insurance for employees, the balance in his personal account can be fully inherited according to law.