The company to pay social security can be refunded

I, the purpose and significance of social security payment

Social security payment is an important measure to protect the rights and interests of employees, through the payment of social security, employees can get the corresponding social security treatment when needed, reduce the burden of life. At the same time, the social security system is also an important means for the state to maintain social stability and promote economic development.

The irreversibility of social security payment

Social security payment is irreversible, once paid, the funds will enter the national social security fund, used to support the operation of the entire social security system. Therefore, under normal circumstances, individuals or companies are not allowed to return the paid social security funds at will.

Third, the special circumstances of the social security refund

While the general situation of social security can not be refunded, but in some special circumstances, such as the employee left the job to work in other cities, or for some reason need to cancel the social security account, etc., you can apply for a social security transfer to the local social security department or cancel, and may be able to get part of the social security funds returned. However, the specific refund policy and operation process may vary depending on the region and policy.

Four, notes

For the company, should be strictly in accordance with national regulations for employees to pay social security, to ensure that the legitimate rights and interests of employees are protected. At the same time, employees should also understand the relevant provisions of the social security system to ensure that their rights and interests are not jeopardized.

In summary:

The social security paid by the company in general is not refundable, but in special circumstances can be applied to the local social security department of social security transfer or cancel, and may be able to get part of the social security funds refund. Therefore, both companies and employees should understand the relevant provisions of the social security system to ensure that their rights and interests are protected.

Legal basis:

The People's Republic of China*** and the State Social Insurance Law

Article 14 stipulates:

Individual accounts may not be withdrawn in advance, and the interest rate of the account shall not be lower than the interest rate of the bank's fixed-term deposits, and shall be exempt from interest tax. In the event of an individual's death, the balance of the individual account may be inherited.

The Social Insurance Law of the People's Republic of China

Article 16 stipulates:

Individuals who have participated in basic old-age pension insurance shall receive a monthly basic pension if they have accumulated fifteen years of contributions by the time they reach the legal retirement age. Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the legal retirement age may contribute until they reach the full fifteen years, and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or the urban residents' social old-age insurance, and enjoy the corresponding old-age insurance treatment in accordance with the provisions of the State Council.