Factory paid five insurance and gold quit how to deal with

The factory paid the five insurance and gold quit the processing method is as follows:

1, reached the retirement age of less than 15 years of contributions, you can apply for surrender;

2, repeated participation and the end of the labor relationship, you can apply for surrender;

3, go abroad and settle down, you can apply for surrender;

4, the death of the insured person, its social security can be surrendered. .

The rights and benefits of five insurance policies:

1, the composition of social insurance: including pension insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance;

2, the role of the provident fund: mainly used for the employee's housing consumption, including the purchase, construction, refurbishment or overhaul of the housing;

3, the transfer of the insurance and the provident fund: the employee leaves his job. They can choose to transfer their social insurance and provident fund to their new workplace;

4. Renewal of social insurance contributions: after leaving their jobs, individuals can choose to continue to pay social insurance on their own to maintain the continuity of the insurance relationship;

5. Withdrawal of provident fund: in the event of fulfillment of the conditions, the employee can apply for withdrawal of the provident fund to be used for the relevant housing expenses.

In summary, if the factory employees no longer continue to work, their five insurance and gold processing methods include: less than 15 years of contributions and reached the retirement age, repeated participation in the end of the labor relationship, the person who went abroad to settle can apply for withdrawal, as well as the insured person in the death of the social security can also be handled for the withdrawal of the provisions of the social security of the employee in different situations, these provisions for the employee to provide social security processing way.

Legal basis:

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

Article 60

Employers shall declare and pay the social insurance premiums in full and on time, and shall not suspend or reduce them except for force majeure and other legal reasons. The social insurance premiums to be paid by employees shall be withheld and paid on behalf of the employer, and the employer shall inform the individual of the details of the payment of social insurance premiums on a monthly basis. Individual entrepreneurs without employees, part-time workers who do not participate in social insurance with their employers, and other flexibly employed persons may pay social insurance premiums directly to the social insurance premium collection organization.

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

Article 19

If an individual is employed across a co-ordinated area, his or her basic old-age insurance relationship shall be transferred with him or her, and his or her years of contribution shall be cumulative. When an individual reaches the statutory retirement age, the basic pension shall be calculated in sections and paid uniformly. The specific measures shall be prescribed by the State Council.

The Law of the People's Republic of China on Labor Contracts

Article 50

The employer shall, at the time of termination of the labor contract, issue a certificate of termination of the labor contract, and shall within fifteen days carry out the formalities for the transfer of the worker's records and social insurance relations. The laborer shall, in accordance with the agreement of both parties, handle the handover of work. Where the employer is required to pay economic compensation to the worker in accordance with the relevant provisions of this Law, it shall do so at the time of handing over the work. The employer shall keep the text of the canceled or terminated employment contract for at least two years for reference.