Can you get money back out of social security

If you haven't reached the legal retirement age, you can't choose to surrender your insurance.

But you can apply for a refund if there are special circumstances. If a participant passes away before reaching retirement age, relatives can take out the contributions by providing a death certificate and relevant documents. The portion of the social security transfer process that is duplicated can also be refunded, but only the lowest fee of the month in which the duplication occurs can be refunded. Participants who have lost their labor force can apply for a refund of their previous social security contributions. Soldiers enlisted in the military state gray to help pay social security, after the discharge of the army if the existing forces have paid full pension insurance, you can choose to surrender.

A, social security explanation

Social security, full name social insurance, is a social and economic system to provide income or compensation for the loss of labor capacity, temporary loss of labor or loss of population due to health reasons. The main programs of social insurance include pension insurance, medical insurance, unemployment insurance, industrial injury insurance, and maternity insurance.

Social insurance scheme is organized by the government, which forces a certain group of people to form a social insurance fund by paying a part of their income as social insurance tax (fee), and the insured people can get a fixed income or compensation for their loss from the fund if certain conditions are met, it is a kind of redistributive system, and its goal is to ensure the reproduction of material and labor force and the stability of the society.

Second, social security generally can not be refunded, there are some cases can be refunded

Specific circumstances are as follows:

1, foreign rural households: you can apply for a refund of individual contributions after leaving the job, but the part of the unit to pay can not be refunded.

2, urban households can not be surrendered in the middle of the insurance, only death, settlement abroad or to the statutory retirement age to pay less than 15 years can be refunded; but also can only be returned to the individual part of the unit part of the refund can not be.

3, if they bear the full cost of social security, only one-third of the money back, the remaining two-thirds of the unit fees, can not be returned.

4, five insurance and one of the housing fund, can be fully refunded.

Three, social security payments

1, medical insurance, women pay enough for 20 years, men pay enough for 25 years, retired to enjoy a lifetime. Medical insurance has a 3-month buffer from the date of stopping payment, and if this period is exceeded, the number of consecutive years of payment will be recalculated. In addition, medical insurance can generally be interrupted three times, or else the years of payment will also have to be recalculated. During the interruption period, you will not be entitled to all health insurance benefits such as medical reimbursement.

2. Pension insurance, according to the "Interim Measures for the Administration of Employee Basic Pension Insurance Individual Accounts", pension insurance can only be enjoyed for life after 15 years of payment and retirement. Generally speaking, these 15 years are cumulative calculation, if the middle is broken, renewed on the good, but the retirement treatment will have an impact.

3, unemployment and maternity insurance, as long as you pay enough one year before use.

4. Worker's compensation insurance is pay-as-you-go.

Legal basis

"Chinese People's **** and State Social Insurance Law"

Article 14 Individual accounts shall not be withdrawn in advance, the interest rate of the account shall not be lower than the bank time deposit interest rate, and is exempt from interest tax. In the event of an individual's death, the balance of the individual account may be inherited.

Article 16 Individuals who have participated in the basic pension insurance shall receive a basic pension on a monthly basis if they have accumulated fifteen years of contributions by the time they reach the legal retirement age.

Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the legal retirement age may contribute until they reach the full fifteen years, and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or the urban residents' social old-age insurance, and shall enjoy the corresponding old-age insurance benefits in accordance with the provisions of the State Council.

Article 17 Individuals who participate in basic pension insurance and die of illness or non-work-related causes, their survivors may receive funeral grants and pensions; if they become disabled due to illness or non-work-related causes when they have not yet reached the legal retirement age, they may receive invalidity allowances for their total loss of working capacity. The required funds are paid from the basic pension insurance fund.