I bought social insurance in China. Is it still useful after immigrating to the United States?

The basic endowment insurance relationship for employees will be terminated. Pay the deposit in personal account to the insured in one lump sum.

According to Article 6 of "Several Provisions on Implementing the Social Insurance Law of People's Republic of China (PRC)", those who lose People's Republic of China (PRC) nationality can apply in writing to terminate the basic old-age insurance relationship of employees when leaving the country or after leaving the country.

After receiving the application, the social insurance agency shall inform it in writing of its right to keep personal accounts and the consequences of terminating the basic old-age insurance relationship for employees. After my written confirmation, I will terminate the employee's basic old-age insurance relationship and pay me the amount stored in my personal account in one lump sum. After the death of an individual who participates in the basic old-age insurance for employees, the balance in his personal account can be fully inherited according to law.

If the insured person only lives abroad, and the individual leaves the country to settle down before reaching the statutory basic pension conditions, the insured person's personal account will be kept, and when reaching the statutory pension conditions, he can also enjoy the corresponding pension insurance benefits in accordance with state regulations.

Extended data:

Some insiders suggest that in recent years, many people who emigrated abroad have returned to China to start businesses and get employment, and then pay social security when they come back. If the social security is terminated before going abroad, the payment period will be accumulated again after returning home. That is to say, if the insured returns to China and obtains the Alien Employment Certificate and provides his valid passport in China before reaching the statutory retirement age in China, he can continue to participate in the insurance;

As long as you pay for another five years, you can get a pension in Shenzhen when you reach the legal retirement age of 60. However, if he chooses to terminate the social security relationship, he will only refund the money in his personal account at that time, and he will have to pay 15 years to receive retirement benefits when he returns to China to re-pay.

Phoenix. Com- Can I apply for social security after emigration?

Phoenix. There is no need to terminate social security in a hurry to emigrate.

China government network-the implementation of "People's Republic of China (PRC) social insurance law" part of the provisions.