Can you take money out of your pension insurance

Social security in the pension can be taken out, but must meet certain conditions. For example, if a participant emigrates or dies, he or she will not be able to take out his or her pension, and will only be able to receive a pension after retirement. In addition, the pension contains personal account pension and basic pension personal account money is in the personal account, while the basic pension money is in the integrated account, in the withdrawal of money can only be taken out of the personal account money, the integrated account of the money can not be taken out.

Endowment insurance (EndowmentInsurance), the full name of the basic social pension insurance, is the state and society in accordance with certain laws and regulations, in order to solve the problem of workers in the state provisions of the discharge of labor obligations of the labor age limit, or because of the loss of the ability to work in old age to withdraw from the workforce after the basic life of the establishment of a social insurance system. The pension insurance system is an important part of the social security system, and is one of the most important of the five major types of social insurance. Germany was the first country in the world to establish a social security system with relatively complete legislation, and the Invalidity and Old-Age Insurance Act enacted by Germany in 1889 was the first old-age insurance law in the world. Afterwards, social insurance programs such as old-age pension gradually spread and diffused from Germany to its countries, and the contributory insurance system became the main form of social security system. China's multi-level pension insurance system consists of three pillars, the first pillar is the basic pension insurance, the second pillar is the enterprise annuity and occupational pension, and the third pillar includes individual savings pension insurance and commercial pension insurance.