Hunan Social Security will repay the New Deal in 2020.

Hunan pays back the social security regulations: individuals who participate in the basic old-age insurance can pay back in one lump sum when they reach the statutory retirement age and have paid less than 15 years. For flexible employees, they will be paid in two grades: 60% and 100% of the average monthly salary of employees in the province last year, and finally 20%.

Legal objectivity:

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.