Can I return it if I buy social security?

Generally speaking, social security cannot be refunded. According to the relevant provisions of China's Social Insurance Law, the money in the social security fund belongs to special funds, and generally no organization or individual may misappropriate it. But in rare cases, social security can still be refunded. For example, rural hukou personnel in other places can withdraw the money paid from their personal social security accounts after leaving their jobs.

The difference between social security and commercial insurance

1. Different implementation purposes: in actual economic life, the main purpose of social insurance is not to make profits, but to protect people's living standards, while the main purpose of commercial insurance is to make profits;

2. Different implementation methods: Generally speaking, social insurance is implemented in accordance with national laws and regulations, while commercial insurance is implemented on the premise of resources;

3. Different implementation objects and subjects: Social insurance is kept and operated by the national unified department, and its main implementation objects are social members who abide by relevant laws and regulations. Commercial insurance is operated by insurance companies, and the implementation target is citizens who voluntarily participate and meet the conditions;

4. Different levels of security: In real life, social insurance is the most basic social security measure, and the level of security is relatively low; The level of commercial insurance depends on the amount of insurance funds. As long as the insured amount reaches a certain level, the insured can get a higher level of protection.

Medical insurance is interrupted, and medical insurance benefits cannot be enjoyed during the interruption. However, medical insurance has a buffer period from the date of interruption. If the insurance has not been renewed for more than 3 months, the continuous payment period will be recalculated, and the medical insurance reimbursement amount and the medical insurance amount for major diseases will also be affected.

Once the payment of social security is cut off, it will not only have an impact on the "long-term" results of the insured's payment period accounting and social security benefits, but also have a more direct impact on the insured's short-term plans to buy a house, a car and settle down in some cities.

In megacities such as Beijing and Shanghai, the continuous payment period of social security is directly linked to the qualification of buying a house, shaking the number and settling down. Taking Beijing as an example, non-Beijing residents need to pay social security or pay taxes for five years before they are eligible to buy a house;

Buy a car and shake the number. Both conditions must be met. In addition, buying a house and a car in Beijing all emphasize "continuous" payment, and overdue payment is invalid. Need to settle in Beijing and pay social security in Beijing for 7 years or more.

Beijing's current social security policy is that after social security is interrupted, you can ask for payment, and you can go to the Social Security Bureau to handle it. "As long as you can prove the labor relationship, there is no age limit, no matter how long it takes." Paying social security has little effect on providing for the aged, but it will affect the qualification of buying a house and a car.

Legal basis:

Article 14 of the Social Insurance Law, individual 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. Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for 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.