Can the money paid by social security be refunded?

In principle, China can't retire after paying social security, except for special circumstances stipulated by law: those who repeatedly pay social security, those who have reached retirement age but haven't paid social security 15 years, those who have gone abroad to join other nationalities, and those who have paid social security die.

According to the provisions of China's Social Insurance Law, individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.

Refunds can only be made under special circumstances stipulated in the regulations. He has died before reaching the statutory retirement age, and his account has been cancelled by the public security organ. Residents can surrender their insurance and get a refund after going through the formalities of settling abroad and canceling their accounts in China's public security organs. Reach the statutory retirement age, but the payment period is still less than 15 years.

Social security cannot be refunded in principle, but there are several special circumstances that can be refunded:

1, social security is paid repeatedly. Due to job changes, social security has been paid in different places. At this time, the individual part of repeated payment can be extracted.

2. If you reach retirement age but the social security payment period has not reached 15, and the individual is unwilling to make up the social security payment of 15, you can withdraw the personal account balance.

3. Go abroad to join other nationalities.

4. death.

Legal basis:

Social insurance law

Article 14 Individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited. Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

At present, China has strict conditions for surrender, and only the following situations can be surrendered:

(1) Migrant workers return home;

(2) The insured has reached retirement age and has not paid the contributions for 15 years;

(3) The insured goes abroad to settle down;

(4) The insured dies.

In line with the above conditions, only the amount of the personal account of endowment insurance is refunded now, and the specific amount can be inquired at the local social security center. With ID card and its copy, employee pension insurance manual, employee medical insurance manual, social insurance card, resignation certificate and application form for termination of social insurance relationship, go through the surrender formalities at the local social security center.