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What exactly is social security liquidation?

Social insurance is not liquidated.

In line with the conditions for applying for unemployment insurance, unemployment insurance benefits will be paid by social insurance.

Retirement conditions of endowment insurance

At present, there are only the following situations in which endowment insurance is allowed to surrender:

1, go abroad to settle down

Step 2: Death

3. Repeat the insurance at the same time.

4. I have reached the legal retirement age, and the accumulated payment is insufficient 15 years. I request not to transfer to rural insurance or urban insurance, and I have a written application.

Basically, these situations can be handled for surrender procedures. The fourth situation needs to be dealt with before retirement.

In other circumstances, it is not allowed to surrender, but only to transfer or continue the pension insurance relationship.