How many years can the endowment insurance get back the principal?

Pension insurance can get back the principal from 12 to 14.

The pension is about 12 from the overall account; Personal account is about 12 to 14.

If you plan your account as a whole, you will receive it according to the proportion of the payment period, that is to say, how many years have you paid, and when you retire, you will receive it according to a few percent of the local average wage in the previous year. If the social security has been paid for 15 years, and 12% enters the overall account every year, and 15% is paid every year after retirement, then it only takes 12 years to return the capital.

The personal part is different. Personal account pension will set the number of months according to your retirement age. According to the regulations, men's retirement at the age of 60 is 139 months, and women's retirement at the age of 55 is 170 months. The payment is also 15 years, so it only takes 12 to 14 years to recover the capital.

Pension refund method:

1, enterprise annuity refund: enterprise annuity is a kind of endowment insurance paid by enterprises for employees. When refunding, it is generally necessary to fill in a refund application form and provide information such as identity certificate and bank account number. The specific process can be consulted by the human resources department of the enterprise;

2. Social security surrender: Generally, social security surrender needs to apply to the local social insurance agency, fill in the surrender application form and provide relevant materials, such as ID card, social security card and bank card. The specific operation process can be consulted with local social security institutions;

3. Personal commercial endowment insurance surrender: Personal commercial endowment insurance surrender needs to apply to the insurance company for surrender, fill in the surrender application form and provide identification, insurance contract and other related materials. The specific process can be consulted with the insurance company.

To sum up, different types of pension refund operation procedures may be different. Please consult relevant institutions or professionals for specific operation procedures and required materials. Pay attention to the time limit and handling fee of refund, so as not to affect the efficiency and amount of refund.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Article 17

If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.