Why is the social security paid by the company not refundable after the employee resigns?

1. If both the employer and the employee agree to resign, they shall go through the resignation formalities within 7 days, issue a resignation form and return the labor manual to themselves.

2. Social security sealed, provident fund sealed, files returned to the street social security center where my account is located.

According to the laws of our country, when the employer cancels or terminates the labor contract, it shall issue the certificate of canceling or terminating the labor contract, and handle the transfer procedures of the file and social insurance relationship for the employee within 15 days.

Legal basis:

Article 62 of the Social Insurance Law of People's Republic of China (PRC), if the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the employer last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.