How to surrender the rural endowment insurance and where to return it?

Rural old-age insurance should go through the surrender formalities with the local social security agency.

Surrender procedures are as follows:

1. Bring the relevant materials, entry and exit procedures and the cancellation page of the household registration book needed to settle abroad, clarify the reasons, and go through the formalities at the social security center.

2. Submit the materials to the staff of the Social Security Center for review.

3, the social security center staff signed opinions, together with the applicant's proof of payment and payment record card submitted to the county insurance institutions. County-level insurance institutions shall verify the submitted materials and calculate the amount of surrender.

Surrender of rural endowment insurance needs to meet certain conditions, as follows:

1, the insured dies;

2. The insured goes abroad to settle down;

3. If the insured has participated in the insurance for multiple times, that is, he has purchased rural old-age insurance and employee old-age insurance, he can choose to return the rural old-age insurance, because even if he has purchased double insurance, by retirement age, the insured can only apply for old-age benefits according to one of them and cannot receive double old-age insurance.

4. After the insured reaches the statutory retirement age, the payment period shall not exceed 15 years. After all, men need to be 60 years old to get a pension, and women generally need to be 55 years old to get a pension.

What are the rights and interests of rural endowment insurance objects?

1. If the applicant dies during the payment period, the individual shall pay all the principal and interest and return it to his legal heir or designated beneficiary.

2. The insured receives a pension with a guarantee period of ten years. If a person dies after receiving a pension for less than ten years, the pension balance during the security period can be inherited. If there is no heir or designated beneficiary, the funeral expenses shall be paid in accordance with the relevant provisions of the rural social endowment insurance management institution. Those who have lived for more than ten years will receive pensions until they die.

3, the insurance object from the county (city) moved to other places. If the rural social endowment insurance system has not been established in the place of immigration, all the principal and interest paid by individuals can be refunded to me.

To sum up, the insurance amount returned by normal surrender and abnormal surrender should be calculated according to different standards. The proportion of individuals returning is determined by the localities as appropriate. The part of the collective subsidy that has not been returned to the individual is credited to the fund. In case of abnormal surrender, only the principal of insurance premium and the amount of collective subsidy paid by the insured person will be refunded. According to the principle that collective subsidies that have been credited to individuals will not be refunded and credited to the fund.

Legal basis:

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

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.