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What about social security and provident fund after graduate work?
1. If you don't plan to go abroad for development, just close your social security and provident fund account, and you can continue to pay it when you come back from graduate school, and you don't need to open another account (the company staff will only open it for you when you leave).
2. If you plan to develop outside after the postgraduate entrance examination, social security must be transferred. In China, social security contributions are a cumulative system. Pay 15 years before retirement to apply for pension. If it is not transferred, it is equivalent to the previous social security.
Legal basis:
Article 79 of the Social Insurance Law
The administrative department of social insurance shall supervise and inspect the income and expenditure, management and investment operation of social insurance funds, put forward rectification opinions when problems are found, make decisions according to law or make suggestions to relevant administrative departments. The inspection results of social insurance funds shall be announced to the public regularly.
The administrative department of social insurance shall supervise and inspect the social insurance fund and have the right to take the following measures:
Consult, record and copy information related to the income and expenditure, management and investment operation of social insurance funds, and seal up information that may be transferred, hidden or lost. Inquire about the units and individuals related to the investigation, ask them to explain the problems related to the investigation, and provide relevant supporting materials. Stop concealing, transferring, occupying or misappropriating social insurance funds, and order them to make corrections.
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