When can Suzhou endowment insurance be taken out?

Legal analysis: All the participants in the endowment insurance are not allowed to surrender, and the inter-provincial transfer and connection procedures are convenient. This new social security policy implemented from 1 to 1 has aroused great concern in the park. The provident fund policy in the park is different from that in the urban area. There is a unified provident fund account that includes five major types of insurance, such as endowment insurance and medical insurance, as well as housing provident fund, which makes many employees working in the park do not know what to do. According to the actual situation of the park, the labor and social security bureau of the park has issued a unified treatment method for the provident fund accounts of non-Suzhou household registration members who leave the park.

Director Liu of the Park Provident Fund Management Center said that if non-Suzhou registered provident fund members leave the park, first of all, according to the unified national regulations, before reaching the statutory retirement age, they are not allowed to withdraw their insurance in one lump sum according to the original method, and their provident fund accounts are cancelled. Secondly, upon my application, I will issue the payment certificate of basic old-age insurance to the park provident fund management center with the required resignation certificate. For the members who participate in the A-class protection plan of the park provident fund, they can also withdraw the balance of ordinary accounts and medical accounts except the transfer of pension insurance relationship, and for the B-class members, they can also withdraw the balance of special accounts and medical accounts. Then these certified members are re-employed outside Suzhou or return to their domicile, and go through the transfer procedures in accordance with state regulations. If you return to work in the park, you will re-establish the provident fund account, and the payment amount and fixed number of years recorded in the voucher will be handled according to the transfer method of the old-age insurance relationship.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Thirteenth employees of state-owned enterprises and institutions to participate in the basic old-age insurance, the basic old-age insurance premium should be paid by the government during the payment period. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.