Can I surrender my social security policy if I can't pay it anymore?

Yes, but pay attention to several aspects.?

First, to meet the conditions of surrender, social security can only be refunded.

According to the relevant provisions, the money in the social security personal account can not be refunded in advance, can not be taken in advance, must wait until the retirement. However, in line with the following conditions can be refunded:

(1) participants reached retirement age and did not pay the full 15 years; (2) repeated participation and the end of the labor relationship can be refunded; (3) participants to go abroad to settle; (4) the death of the participants.

Second, the surrender can only be returned to the individual part of the payment

In addition to the above conditions, to wait until the insured person to the retirement age, that is, 60 years old male, female 55 years old or 50 years old, can be a one-time return to the individual account funds, the unit of the part of the payment is not refunded. And, only pension insurance can be refunded. The monthly contribution to the individual account is 8 percent of the local average social wage, and the proportion of the unit's contribution is 20 percent of the local average social wage.

If you are a flexibly employed person, it's not worth it to return the insurance. Can only return a small part of the not to mention, but also to the retirement age to return, when coupled with currency depreciation, the loss is even greater.

So, don't blindly surrender. Once you have withdrawn, if you want to re-enroll, the number of years you have paid for pension insurance will be zeroed out, and you will have to start the calculation all over again, which will have an impact on the retirement of the insured. At the same time, the interruption of the medical insurance enrollment time, medical insurance contributions to the number of years to be recalculated, can enjoy the medical insurance treatment will also be affected.

Social security is calculated on the basis of accumulated years, as long as the accumulated contribution of 15 years, you can enjoy pension benefits when you reach the retirement age. If you can't continue to pay for social security due to financial reasons, you can stop paying for it and renew it later when you have enough money