How to refund the endowment insurance for urban and rural residents

The insured person needs to apply for a refund to the local social security agency, and submit relevant supporting materials, such as identity certificate, old-age insurance payment voucher, etc. The social security agency will review the application materials to confirm the qualifications of the insured and the refund amount. First, apply for a refund.

The insured person needs to go to the local social security agency and apply for a refund from the staff. When applying, you need to bring your identity certificate, pension insurance payment voucher and other relevant supporting materials.

Second, review the refund application.

The staff of social security institutions will review the application materials submitted by the insured, including checking the authenticity and completeness of information such as identity certificates and payment vouchers. At the same time, the insured's eligibility for refund will be confirmed, such as whether the refund conditions are met and whether the refund amount is accurate.

Third, go through the refund procedure.

After the examination and approval, the social security agency shall go through the refund formalities in accordance with the prescribed procedures. This usually includes filling out the refund application form, checking the refund amount and printing the refund voucher. Finally, the social security agency will deposit the refund into the bank account designated by the insured.

It should be noted that the refund process may be slightly different in different regions, and the specific operation needs to be subject to the regulations of local social security institutions. In addition, when applying for a refund, the insured should ensure that the materials provided are true and effective, so as not to affect the review and processing of the refund application.

To sum up:

The refund process of endowment insurance for urban and rural residents includes three links: application, review and refund. The insured person needs to apply for a refund from the local social security agency and submit relevant certification materials. The social security agency shall review the application materials and confirm the eligibility and amount of refund of the insured. After the approval, the social security agency will handle the refund formalities and deposit the refund into the bank account designated by the insured.

Legal basis:

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

Article 14 stipulates:

Personal 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.

Procedures for handling basic old-age insurance for urban and rural residents

Article 32 provides that:

If the insured person dies during the payment period, his legal heir or designated beneficiary shall, within 1 month after the death of the insured person, apply to the village (neighborhood) committee where the household registration is located (where the residence permit is located) for cancellation of registration, fill in the Registration Form for Cancellation of Basic Old-age Insurance for Urban and Rural Residents, and provide the following materials:

(a) the death certificate of the insured issued by the hospital, or the cremation certificate issued by the civil affairs department (except for the non-cremation area), or the household registration cancellation certificate issued by the public security department; If the missing person is declared dead, a death certificate issued by the judicial department shall be provided;

(2) The original and photocopy of the household registration book and resident identity card of the designated beneficiary or legal heir, and the legal documents, notarized documents or other supporting materials issued by the relevant departments that can determine his right of inheritance.