Job Recruitment Website - Social security inquiry - Can social security be taken out?

Can social security be taken out?

Social security can be taken out. Under normal circumstances, the money in social security cannot be taken out, and it can only be taken out under the following special circumstances:

1, which can be withdrawn if the insured reaches the statutory retirement age but the payment period has not reached 15 years;

2. If the insured dies unexpectedly, his legal heir can inherit the balance of his account;

3. The insured goes abroad to settle down;

4. Rural household registration workers in other places can apply for individual contributions for pension insurance after leaving their jobs.

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

Article 14

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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. Article 16

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.