Can social security be refunded?

Money in social security can only be withdrawn under certain conditions, as follows:

1. People who have settled abroad and have changed their nationality.

2. The legal heir of a person who dies in the line of duty can inherit the balance of personal pension.

3. Repeated payment. If the payment of flexible employees is repeated with the payment of enterprises, the payment of flexible employees will be refunded; If the bank withholding and payment are repeated with the enterprise payment, the part of the enterprise payment during the repeated period will be refunded; If the payment information of institutions and flexible employees is repeated, the payment part of flexible employees during the repeated period will be returned.

To put it simply, the social security paid by you personally is stored in your personal account and can be taken out. The social security paid by the company is in the overall fund, which is twice as much as that paid by the individual. You can't take this out until you retire.

If you work in a company, you'd better pay social security. This is a guarantee for your future. If you have to take it out, you can only take personal parts. Not worth it. What the company pays for you will get back the fund, which has nothing to do with you.

On the other hand, if you work in a unit, if it is a regular unit, you will not agree not to pay it. If it is found that the unit has greater responsibility, it will have to be repaid and fined. And if there is a work-related injury, the unit will compensate for the loss.

Therefore, regular units generally do not take this risk. If you don't pay, the unit will let you go. Of course, there are many informal units. If you don't pay them, the company will be happier and save a lot of money.

Extended data:

Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

In China, social insurance is an important part of the social security system, occupying a core position in the whole social security system.

Legal basis: Article 2 of the Social Insurance Law of People's Republic of China (PRC): The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance to protect citizens' right to get material help from the state and society in case of old age, illness, industrial injury, unemployment and maternity.