What if the company goes bankrupt and the social security is not transferred out?

Legal analysis: cancel social security, then cancel local tax and industry and commerce. Social security cancellation information: 1, social insurance cancellation registration form; 2. Social insurance registration certificate; 3 social insurance payment cancellation registration form (stamped by the local tax department); 4. Bank receipts for social insurance premiums in the current month; 5. People's Republic of China (PRC) General Tax Payment Book (if there is any arrears to be paid). Social security cancellation process: 1, the manager or person in charge of the unit goes to Guangzhou social security agency to cancel social security with the required information; 2, social security center staff to accept the data, and review the data; 3, after the audit, complete information, meet the conditions for social security cancellation procedures.

Legal basis: According to Article 15 of the Social Insurance Law of People's Republic of China (PRC), endowment insurance 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.