Job Recruitment Website - Social security inquiry - Why can rural hukou in other places be refunded social security?
Why can rural hukou in other places be refunded social security?
1. According to China's Social Insurance Law, rural residents who participate in the basic old-age insurance can choose to receive the old-age insurance money in their personal accounts at one time when they reach the legal retirement age, or they can choose to transfer the old-age insurance money to the new rural cooperative medical system and enjoy the corresponding medical insurance benefits.
This is because in rural areas, many residents do not have stable jobs and income sources, nor can they enjoy social security such as pension and medical insurance like urban workers.
3. Therefore, in order to solve the problems of rural residents' old-age care and medical care, the China Municipal Government has provided certain selection and withdrawal mechanisms for rural residents in the social insurance system.
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