How do I withdraw the money I paid into social security? What kind of materials should I bring?

The Social Insurance Law clearly states that personal accounts cannot be withdrawn in advance. In other words, the law does not allow you to withdraw from the insurance. But in our real life, when there are special circumstances occur, it is possible to surrender, some social security contributions can be refunded. However, it is important to note that the money refunded is only the part of the personal account that you pay, and the part of the social account that is paid by the enterprise cannot be refunded. So what are the circumstances under which you can get a refund?

Repeatedly

Since the current social security system is not yet nationwide, it is possible for employees to pay for social security in two different provinces at the same time. Only the social security paid during the repeated time period will not be counted in the accumulation of years of experience, and the part of the social security paid by the employee repeatedly will probably be paid in vain. At this point, the relevant authorities will return the principal and interest of the individual's contributions that cannot be transferred and consolidated according to the principle of "transferring first and clearing later" when the pension insurance relationship is pooled. To put it simply, if you accidentally pay for social security in two cities at the same time, it is possible to return the amount paid in one city to you.

Retirement without paying enough 15 years

We all know that the social security payment of 15 years and to the retirement age can receive pension. But some people because of social security to pay late, to the legal retirement age, has not yet accumulated a full 15 years of payment, and I am not willing to make up the difference in a lump sum, but also can get back to their own payment of social security. In other words, if you haven't paid for 15 years, you won't get a monthly pension, but it won't eat up the money you've already paid.

Death before retirement age

If a participant dies before retirement age, the immediate family of the deceased can apply to withdraw all the money from the social security account to the family, which is a state regulation. In fact, social security is to let us live better, you live a day to give a day of money, as long as the person is still alive, treatment of a medical treatment will be reported once, which is one of the differences between it and commercial insurance.

Immigration and settlement

If a participant settles abroad or in Hong Kong, Macao or Taiwan before meeting the conditions for receiving the basic pension, he or she will be able to receive the full amount of the savings in his or her personal account in a lump sum and terminate the basic pension insurance relationship. If a participant settles abroad after retirement, the basic pension can be claimed by the person designated by the participant to receive it, or it can be deposited in the organization; in addition, a lump-sum claim can also be filed to pay the balance of the entire amount stored in his or her individual account in one lump sum.

Summary, in special circumstances, the insured person can apply for surrender. You can consult with your local social security organization about the materials and process required for withdrawal.

But still remind me, if you have the conditions, or insist on paying social security until retirement, so that their old age protection.

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