What should I do if I retire after paying social security?

How to deal with social security retirement in many places is as follows:

If you pay more than one social security in several places, you can cancel one and keep one (according to the social security policy, a person can only have one social security account). According to national regulations, social security accounts can only be transferred to the place where they are registered.

In two different areas, two social insurances have been paid, so in fact, this social insurance, if it is the same type of employee pension insurance, can be freely transferred. After the transfer together, the cumulative payment period can be calculated by combining.

Of course, as long as the payment period of accumulated endowment insurance is guaranteed and there is no repeated payment, the payment period can be calculated cumulatively.

If there is a period of repeated payment, this part of the repeated payment needs to be returned, and it can only be returned to me in the process of return.

Payment is also a personal account, and the money inside cannot be directly returned to the overall account. Then after returning this part of the repeated payment, then this social security can be freely transferred and accumulated, and the payment period can be calculated.

Social insurance:

Social insurance refers to a social and economic system that provides income or compensation for people who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

To sum up, cross-regional social security retirement needs to be handled in accordance with certain procedures and regulations.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 19

If an individual is employed across the overall planning area, his basic old-age insurance relationship will be transferred with him, and the payment period will be calculated cumulatively. When an individual reaches the statutory retirement age, the basic pension is calculated in stages and distributed uniformly. Specific measures shall be formulated by the State Council.