How to refund this part of the endowment insurance paid by individuals?

Individual contributions for endowment insurance can be refunded. The endowment insurance premium paid to local social security usually has the following two situations:

First of all, if a rural hukou chooses to settle the personal account of endowment insurance when leaving the company, it can return the personal contribution part and interest of the accumulated amount of the personal account to him at one time, and at the same time clear the payment record, and recalculate the payment period according to the new insured.

Secondly, urban hukou cannot be liquidated under normal circumstances. Only the following four special circumstances can be liquidated:

1, who has reached the statutory retirement age, but has not reached the accumulated payment 15 years, can apply for a one-time liquidation of the accumulated amount of the individual account of endowment insurance and return it to himself.

2. Unfortunately died before retirement, and the accumulated amount of personal account of endowment insurance can be liquidated at one time. This part can be inherited, that is, received by the legal heir.

3. If a person dies after retirement, the amount of his personal account has not been collected, and the balance can be liquidated at one time and collected by the legal heir.

4. Go abroad to settle down and lose China nationality.

The characteristics of endowment insurance:

1, mandatory, the state has passed legislation to force employers and individual workers to participate in old-age insurance according to law, fulfill their rights and obligations entrusted by law, and pay old-age insurance premiums. When workers reach the legal retirement age, they can go to the social insurance department to receive the basic pension, enjoy the basic old-age insurance benefits, and guarantee the basic life after retirement.

2. Mutual assistance. The sources of endowment insurance expenses are generally shared by the state, enterprises, units and individuals, so as to realize social co-ordination and mutual assistance of endowment insurance expenses at a higher level and in a larger scope. Universality Everyone has old age, and old age is a necessary stage of life. The problem of providing for the aged is not only a social problem, but also a global problem, which is related to the economic and civilized development of a country or society and needs our sufficient attention. Because the old-age insurance is implemented in a wide range, the insured enjoys treatment for a long time and the cost is huge, therefore, the government must set up special institutions to unify legislation, formulate rules, manage and implement in the whole society.

3. Universality, the difference between government retirement and enterprise retirement. How do employers and individuals participate in endowment insurance According to the Provisional Regulations on the Collection and Payment of Social Insurance Fees, the employer shall, within 30 days from the date of its establishment, go to the local social insurance agency for social insurance registration with business license or registration certificate and other relevant documents. Social insurance agencies will issue social insurance registration certificates after examination.

To sum up, endowment insurance is still very important for citizens. It is not recommended that the parties surrender their old-age insurance in the process of paying it, because the old-age insurance does not require continuous payment, and they can enjoy the old-age insurance benefits after accumulating payment 15 years.

Legal basis:

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

Article 10

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.