Can personal social security be refunded? How come?

Personal social security can be refunded under certain circumstances.

I. Conditions for Social Security Refund

The refund of personal social security is not arbitrary and needs to meet certain conditions. Under normal circumstances, you can apply for a social security refund in the following circumstances:

1. Those who have reached the statutory retirement age but have not yet received the pension can apply for a refund of the amount stored in the personal account of the old-age insurance.

2. If social security payment is interrupted for various reasons and you no longer participate in social security, you can apply for a refund of your social security personal account balance.

3. If you emigrate or die, you can apply for returning the balance of your social security personal account.

It should be noted that the social security policies in different regions may be different, and the specific refund conditions and procedures may be different, so you need to know the local specific policies before applying.

Second, the social security refund process

After meeting the conditions for social security refund, you need to apply according to the following procedures:

1. Prepare relevant materials: including personal ID card, social security card, and relevant supporting documents (such as immigration certificate and death certificate, etc.). ) and fill out the complete social security refund application form.

2. Submit the application: submit the prepared materials to the local social security bureau or the designated window. When submitting an application, ensure the authenticity and integrity of the materials, so as not to affect the return progress.

3. Review: After receiving the application, the Social Security Bureau will review the submitted materials. After approval, the social security shall be returned in accordance with relevant policies and regulations.

4. Receive the refunded amount: In general, the refunded amount will be directly credited to the applicant's bank account, and the applicant should pay attention to the changes in the account to ensure that the refunded amount reaches the account.

Third, matters needing attention

When applying for social security refund, you need to pay attention to the following points:

1. Understand local policies: social security policies may be different in different regions. Before applying, you need to know the specific local policies to ensure that the refund conditions are met.

2. The materials are true and complete: the submitted materials must be true and complete. If there is false information or omission, the application may fail or the return progress may be delayed.

3. Pay attention to the processing progress: after applying, you need to pay attention to the processing progress. If you have any questions or problems, communicate with the Social Security Bureau in time to solve them.

To sum up:

Personal social security can be refunded under certain circumstances, but it needs to meet certain conditions and follow relevant processes. Before applying, you need to know the local specific policies to ensure that the refund conditions are met; In the application process, it is necessary to prepare true and complete materials and pay attention to the processing progress. Only by operating in accordance with the prescribed conditions and procedures can the social security refund procedures be handled smoothly.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 14 stipulates:

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.

Some Provisions on Implementing the Social Insurance Law of People's Republic of China (PRC)

Article 6 provides that:

Individual accounts of employees' basic old-age insurance shall not be withdrawn in advance. Individuals who leave the country to settle down before reaching the legal conditions for receiving the basic pension shall keep their personal accounts and enjoy the corresponding pension insurance benefits in accordance with state regulations when reaching the legal conditions for receiving the basic pension. Among them, those who lose their People's Republic of China (PRC) nationality may apply in writing to terminate the basic old-age insurance relationship when leaving the country or after leaving the country. After receiving the application, the social insurance agency shall inform it in writing of its right to keep personal accounts and the consequences of terminating the basic old-age insurance relationship. After my written confirmation, I will terminate the basic old-age insurance relationship and pay the amount stored in my personal account to me in one lump sum.

People's Republic of China (PRC) social insurance law

Article 27 provides that:

Individuals who participate in the basic medical insurance for employees will not pay the basic medical insurance premium after retirement and enjoy the basic medical insurance benefits in accordance with the provisions of the state if they reach the statutory retirement age and the accumulated payment has reached the fixed number of years stipulated by the state; Those who have not reached the fixed number of years prescribed by the state may pay the fees to the fixed number of years prescribed by the state.