Is there a refund for the unclaimed portion of social security

The portion of the social security that is not claimed back is refundable under certain circumstances.

One of the conditions for the return of social security

Usually, the return of social security involves the following two situations:

Unclaimed social security benefits: This usually occurs in the case of the death of the participant, or for other reasons failed to receive the social security benefits in a timely manner. For this part of the unclaimed benefits, the participant's family members or heirs can apply for a refund in accordance with the relevant regulations.

Paying more than the amount of benefits: In some cases, due to a miscalculation or other reasons, a participant may have paid more than the amount of benefits he or she is entitled to. In this case, the participant can apply for a refund of the excess amount.

The process of applying for social security refund

Preparing relevant materials: To apply for social security refund, you need to prepare relevant documents, such as the participant's ID card, social security card, receipts of relevant medical expenses, payment records, etc. In addition, for those who have not received their benefits, they may have to pay more than the amount they are entitled to. In addition, in the case of non-receipt of benefits, it is also necessary to provide proof of the participant's death or proof of the relevant inheritance relationship.

Submitting the application: Submit the prepared materials to the social security agency in your location. Generally, submission can be made through the social security agency's official website, window or by mail.

Auditing and processing: The social security institution will audit the submitted application materials to verify the applicant's identity and the authenticity of the application matters. After passing the audit, the social security agency will handle the refund procedures in accordance with the relevant regulations.

Third, notes

Social security policies may vary from region to region, so before applying for a refund, it is recommended that the insured person first understand the local social security policies and regulations.

True and valid documents are required when applying for a refund, and any falsehoods may result in the application being rejected or facing legal liability.

The amount of refund may be affected by a number of factors, such as the time of refund and the method of refund, etc., depending on the regulations of the social security organization.

In summary:

The portion of the social security that is not claimed is refundable under certain circumstances. Participants need to understand the local social security policies and regulations, prepare the relevant materials and submit an application in accordance with the process. In the application process, you need to pay attention to provide true and effective materials and comply with the relevant provisions.

Legal basis:

The People's Republic of China*** and the State Social Insurance Law

Article 14 provides:

Individual accounts may not be withdrawn in advance, the interest rate of the account shall not be lower than the interest rate of the bank time deposit, and is exempted from interest tax. In the event of an individual's death, the balance of the individual account may be inherited.

The Social Insurance Law of the People's Republic of China

Article 17 stipulates:

If an individual who participates in basic pension insurance dies due to illness or not due to work, his or her surviving family members can receive funeral grants and pensions; and if he or she becomes disabled due to illness or not due to work and completely loses the ability to work when he or she has not yet reached the legal age of retirement, he or she can receive invalidity allowances. The required funds are paid from the basic pension insurance fund.