What are the conditions for giving up social security and taking out the money?

To give up social security, the conditions for withdrawing money are as follows:

1, reaching retirement age, failing to meet the condition of paying 15 years, and paying all the savings in personal account;

2. The insured dies for some reason;

3. The insured goes abroad to settle down;

4, after retirement, personal account balance;

5. If the rural household registration in other places can apply for returning the individual contributions of the old-age insurance after leaving office, the unit part cannot be returned, and other social security cannot be returned.

The following materials are required when going through the refund formalities:

1, social insurance refund application form;

2. Original and photocopy of payment voucher;

3. A copy of the local tax registration certificate;

4. Copy of the enterprise bank account opening license that received the refund; If an individual applies for a refund, he shall provide a copy of his savings passbook;

5. The original and photocopy of the application materials of the personnel involved, such as the labor contract and household registration certificate;

6. The personal details declaration form of the refund personnel is in triplicate;

7. A written report on the application for refund.

To sum up, social security is closely related to everyone's life. After joining social security, our medical care, pension and other aspects are guaranteed, so you'd better not give up your social security easily. If you don't pay social security temporarily because of your resignation, the new unit will continue to pay social security for us after joining the new work unit. As long as the cumulative payment period of social security reaches the minimum payment period, we can enjoy pension benefits after retirement and get the basic guarantee for our old age.

Legal basis:

Article 14 of the Social Insurance Law of People's Republic of China (PRC)

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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.

Fifteenth basic pension consists of overall pension and individual account pension.

The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Article 16

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.