What is the social security fund for land expropriation?

Land-expropriated social security funds cannot be withdrawn in advance. After the government expropriates farmers' land, it will not only provide land compensation fees, resettlement subsidies and young crops compensation fees, but also bring landless farmers into the social security system. The withdrawal of social security fund must meet certain conditions.

Legal objectivity:

Article 13 of the Social Insurance Law Before employees of state-owned enterprises and institutions participate in the basic old-age insurance, the basic old-age insurance premiums that should be paid during the payment period shall be borne by the government. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies. Article 14 Individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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.