Can I get a refund after paying social security for one year?

Social security is not refundable in principle, but it can be refunded under several special circumstances, as follows:

1, social security is paid repeatedly. Due to job changes, social security has been paid in different places. At this time, the individual part of repeated payment can be extracted;

2. If you reach retirement age but the social security payment period has not reached 15, and you are unwilling to make up the social security payment of 15, you can withdraw your personal account balance;

3. Go abroad to join other nationalities;

4. death.

Benefits of paying social insurance:

1, users can receive a certain living security fee every month after retirement;

2. Drugs purchased in pharmacies can be paid by social security cards, and expenses can be reimbursed when there is a major illness that requires hospitalization observation;

3. If an accident occurs during working hours or due to work reasons, compensation can be made;

4. Women have compensation allowance during childbirth, and all expenses incurred during childbirth are reimbursed.

To sum up, social insurance refers to a social and economic system that provides income or compensation for people who have lost their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

Legal basis:

Article 14 of the Social Insurance Law of People's Republic of China (PRC)

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.