Job Recruitment Website - Social security inquiry - Can you take out your share if you stop buying social security?

Can you take out your share if you stop buying social security?

You can take it out, but there are conditions.

The Social Security Act provides that the money in a social security personal account can't be taken out just because you want to. But if you can meet any of the following conditions, you can take it out.

1, the cumulative contributions to the pension insurance less than 15 years

After reaching the retirement age, if the cumulative contributions to the pension insurance less than 15 years, do not want to continue to pay, you can apply for withdrawal procedures.

After the application is successful, the money in the personal account of the pension insurance will be returned to the person in full.

2. Migrate abroad

If you cancel your household registration in China and migrate to a foreign country, you can apply for a refund when you leave the country or after you leave the country.

After the application is successful, the money in the personal account of the pension insurance and medical insurance will also be returned to the person in full.

3. Death

If you die before or after retirement, you can get all the money out of your personal account.

Generally speaking, the person who inherits this money should be the beneficiary or legal heir designated by the deceased during his/her lifetime.