Is there a beneficiary designation for Social Security retirement benefits?

There is no beneficiary designation for Social Security withdrawal payments. Social Security is for individuals. The beneficiary of social security can only be yourself, because social security is a personal ID card for enrollment. After you have paid your social insurance, you will be issued a social insurance card.

Policyholders in the purchase of insurance, the contract is not the end of the early withdrawal, the premiums refunded is returned to the policyholder, after all, before it is paid by the policyholder. But if the policyholder is no longer in, want to return the insurance, then the money will be returned to the beneficiary, if the beneficiary, in general, the insured and the beneficiary is not a person. So the money is basically returned to the insured if you surrender the policy.

How to surrender social security

Social security can be divided into social security for urban workers and social security for urban and rural residents, and these two types of social security can be enrolled in their own choice, but also can be surrendered. So, how to surrender social security? There are strict conditions if you want to surrender your social security.

1. The unit has duplicated contributions and has ended the labor relationship.

2. The participant has reached the retirement age and has not paid for 15 years.

3. The participant has left the country to settle down.

4. The participant dies.

5. Migrant workers return home after terminating their labor relations. If you meet one of the above conditions, you can bring your ID card, Employee Pension Insurance Handbook, Employee Medical Insurance Handbook, Social Security Card, Certificate of Residence Abroad, Certificate of Hukou Cancellation by Public Security Organs, Certificate of Death, Certificate of Termination of Labor Relationship, etc., and go to the Social Security Bureau of the place where you are insured to apply for the surrender of the insurance.