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How to refund the social security paid by individuals?
Social insurance premiums paid by individuals are not refundable. According to the provisions of the Social Insurance Law, individuals who have paid social security fees for 15 years and reached the statutory retirement age can receive basic pensions on a monthly basis. This means that social insurance premiums are used for the accumulation of personal future pensions, not money that can be refunded at will. Therefore, once an individual has paid the social security fee according to the regulations, he cannot apply for a refund. This is a basic principle of the social insurance system, which aims to ensure that everyone can have a stable source of income after retirement.
Basic principles of social security:
1, mandatory: the social security system is usually mandatory and requires qualified individuals and units to participate;
2. Mutual assistance: social security is based on the principle of * * * taking risks, and mutual assistance among social members is realized through pooling funds;
3. Coexistence of rights and obligations: while enjoying social security benefits, the insured must also fulfill the obligation to pay social security fees;
4. Government-led: the social security system is usually implemented by the government to ensure its universality and fairness;
5. Decentralized management: Different organizations may be responsible for the management and application of social security funds to ensure the safety and efficiency of the funds.
To sum up, the social insurance premiums paid by individuals are non-refundable, in order to ensure that everyone can have a stable source of income after retirement.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 4
Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.
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