Do I need to transfer the social security I bought in other places back to the local area?

It depends on the individual's actual situation and needs.

First, the necessity of social security transfer

Social security transfer is mainly to ensure the continuous and effective protection of individual social security rights and interests. When a person returns to the local area from other places, or the social security relationship needs to be transferred to a new place because of job changes, social security transfer is particularly important. Through social security transfer, it can ensure that the individual's social security payment record can be continued, so that the future enjoyment of social security benefits will not be affected.

Second, the conditions and processes of social security transfer

Social security transfer usually needs to meet certain conditions, such as having gone through the formalities of stopping insurance in the original insured place and being insured in the new insured place. At the same time, it is necessary to apply and handle in accordance with the prescribed procedures, including submitting relevant certification materials and filling out application forms. The specific conditions and procedures may be different due to different regions and policies, and it is necessary to know the local specific regulations in actual operation.

Third, consider the actual situation and needs of individuals.

Individuals need to fully consider their actual situation and needs when deciding whether to transfer to social security. For example, if an individual intends to develop in the local area for a long time, or needs to live in the local area for a long time because of work, it may be a wise choice to transfer the social security relationship back to the local area. However, if the individual only temporarily returns to the local area, or plans to leave again in the future, then it may not be necessary to transfer to social security immediately.

In addition, we should also consider the possible costs and impacts of social security transfer. For example, social security transfer may need to pay a certain handling fee and transfer fee, and it may take some time and energy to handle relevant procedures. Therefore, these factors need to be considered comprehensively when making decisions.

To sum up:

Whether the social security purchased from other places needs to be transferred back to the local area needs to be decided according to the actual situation and needs of individuals. When making decisions, we need to fully understand the necessity, conditions and processes of social security transfer, and comprehensively consider personal work, life and future planning. At the same time, we also need to pay attention to the possible costs and impacts of social security transfer in order to make more informed choices.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 19 stipulates:

If an individual is employed across the overall planning area, his basic old-age insurance relationship will be transferred with him, 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.

Interim Measures for the Transfer and Continuation of Basic Old-age Insurance for Employees of Urban Enterprises

Article 3 provides that:

If the insured person is employed in inter-provincial flow, the social insurance agency of the original insured place (hereinafter referred to as the social insurance agency of the transfer place) shall issue the insurance payment certificate, and the basic old-age insurance relationship shall be transferred to the new insured place. If the insured reaches the conditions for receiving the basic old-age insurance benefits, the payment period of insurance premiums will be calculated together, and the amount of personal account storage (including principal and interest, the same below) will be calculated cumulatively; Before reaching the age of receiving treatment, the basic old-age insurance relationship shall not be terminated, and the procedures for surrender shall be handled; Settle abroad and settle in Hongkong, Macao and Taiwan Province Province, according to the relevant provisions of the state.