What about the money in the social security transfer account in different places?

For foreigners who want to pay social security locally, they need to go through the "social security transfer" procedure. The specific process is as follows: (1) After the insured establishes the basic old-age insurance relationship in the new employment place and pays the fee, the employer or the insured submits a written application for the transfer and continuation of the basic old-age insurance relationship to the social security agency in the new employment place. (2) The social security agency of the newly insured place shall, within 15 working days, review the application for transfer and continuation, send an acceptance letter to the social security agency where the insured person's original basic old-age insurance relationship is located, and provide relevant information; Do not meet the transfer conditions, make a written explanation to the applicant or the insured. (3) The social security agency where the original basic old-age insurance relationship is located shall handle all the transfer and connection procedures within 15 working days after receiving the acceptance letter. (4) After the new insurance agency receives the basic old-age insurance relationship and funds transferred by the social security agency where the original basic old-age insurance relationship of the insured person is located, it shall complete the relevant procedures within 15 working days, and notify the employer or the insured person of the confirmation in time. (5) Accumulated calculation of the payment period of the old-age insurance, and there is a gap in the middle, which can be supplemented or not. In addition, it should be noted that the minimum payment period for old-age insurance is 15 years, and medical insurance needs to be paid for at least 25 years. When you reach retirement age, you can apply for pension benefits and medical reimbursement concessions (as long as you renew your fees, you can usually).

Legal objectivity:

Article 19 of the Social Insurance Law stipulates that if an individual is employed across the overall planning area, his basic old-age insurance relationship will be transferred accordingly, and the payment period will be calculated cumulatively. When an individual reaches the statutory retirement age, the basic pension is calculated in stages and distributed uniformly. Specific measures shall be formulated by the State Council.