Job Recruitment Website - Social security inquiry - Can the social security paid by individuals be refunded?
Can the social security paid by individuals be refunded?
You can only apply for refund if you die, go abroad to settle down, and the legal retirement age is insufficient 15, and you can only refund part of the money in your personal account. If you pay it yourself, only 40% will go into your personal account, and the remaining 60% will go into your overall account, which is equivalent to your own contribution to the unit. These are not refundable.
Legal basis: Article 14 of the Social Insurance Law stipulates that individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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.
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