The factory closed down, what about social security?

The closure or cancellation of the company has no effect on your social security. Your work unit bought you social security, which means you have this unemployment insurance, so you can receive unemployment benefits through unemployment insurance. Depending on the number of years you have paid unemployment insurance, you can enjoy different unemployment benefits, up to 24 months.

Of course, after the original company goes bankrupt, you must transfer your personal social security from your original work unit, because your personal social security can accumulate payment years, so it is very necessary to transfer it from your original work unit. If a new work unit accepts you, then transfer to a new work unit and continue to pay.

After the company goes bankrupt, in fact, your personal social security will also be transferred from this original work unit. If a new work unit accepts you, then you can directly transfer to the new work unit to continue to pay. The payment period of this social security paid by the original work unit can be calculated cumulatively, and your employee pension insurance and employee medical insurance must also be calculated cumulatively. Because we must reach a payment period before retirement, and the old-age insurance is more than 15 anniversary, then the medical insurance is about 25 anniversary. Only by reaching this payment period can you retire normally and enjoy basic pension and retirement medical insurance.