Job Recruitment Website - Social security inquiry - Can social security be refunded?

Can social security be refunded?

Social security is usually non-refundable, as follows:

1. When the insured meets the statutory conditions, he can receive social security benefits or enjoy corresponding social security benefits, but the social security cannot be refunded generally, and the payment amount cannot be withdrawn in advance, except that the insured has settled abroad or died.

2. If the employee resigns, social security can't be retired in advance. You need to meet the conditions before you can enjoy social security benefits, and you can't return them directly. If an employee reaches retirement age and does not enjoy pension insurance benefits, he can return the individual contribution. Prior to this, social security can only apply for transfer accumulation and cannot be returned. The personal contribution of medical insurance is in the employee's personal account, which can be used to treat diseases when he is sick. The health account part of the personal account can still be used to buy medicines after leaving the company.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC).

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Article 17

If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.