How to refund the personal account of endowment insurance?

The specific return process of individual accounts for endowment insurance is as follows:

1. Individual retirement return: If an individual reaches the legal retirement age or loses the ability to work due to illness or other reasons, he can apply for pension insurance benefits. At the same time, individuals can also choose to receive the personal account balance of endowment insurance. Relevant certification materials, such as ID card, work certificate and retirement certificate. You need it when you apply. After examination and approval, the balance in the personal account of endowment insurance can be returned once or monthly, and the specific return method depends on local policies and regulations;

2. Death return of the insured: If the insured dies during the payment period, the balance in his personal pension account can be returned to his legal heir or designated beneficiary. Relevant documents, such as death certificate, inheritance certificate, beneficiary certificate, etc. You need it when you apply. After approval, the balance in the personal account of endowment insurance can be returned once or on a monthly basis, depending on local policies and regulations.

Personal account pension payment conditions are as follows:

1. Age condition: personal account pension is paid to1employees aged from 6 to 60, and the retirement age is 60 for men and 50 for women (except special professionals);

2. Participation: Personal account pension is paid to on-the-job employees and flexible employees, and needs to be paid at the local social security agency or social security agency;

3. Payment base: the payment base of individual account pension is stipulated by the local government and remains stable during the payment period, which is generally the payment base for participating in the basic old-age insurance for local urban workers;

4. Payment period: the payment period of personal account pension is 15 years or more, but the specific payment period depends on local policies and regulations.

To sum up, the payment conditions of personal account pension in different regions may be different, so it is recommended to know the local policies and regulations carefully before payment. In addition, for freelancers and non-working employees, appropriate old-age security methods can be selected according to personal circumstances.

Legal basis:

Article 12 of the Social Insurance Law of People's Republic of China (PRC)

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Article 15

The basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.