Can social security be surrendered?

Legal analysis: social security can be surrendered, but the money in social security can only be taken out under certain conditions. At present, China has strict conditions for surrender, and only the following situations can be surrendered:

(1) Migrant workers return home;

(2) The insured has reached retirement age and has not paid the contributions for 15 years;

(3) The insured goes abroad to settle down;

(4) The insured dies.

China has established social insurance systems such as basic old-age insurance, basic medical insurance, work-related injury insurance, unemployment insurance and maternity insurance, which guarantee citizens' right to receive material assistance from the state and society in case of old age, illness, work-related injury, unemployment and maternity.

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.