Job Recruitment Website - Social security inquiry - Does termination mean cancellation?

Does termination mean cancellation?

Not necessarily. Termination of enrollment usually means the cancellation of the insured account and the liquidation of the social security account. This includes that the insured person can receive the balance of individual medical insurance account and individual pension account, and cancel the insured person's insurance record at the same time. However, the termination of insurance is not necessarily the same as the cancellation of the account, because the suspension of social security payment is not the same as the cancellation of the account. Deactivation only means that the current payment is not made, the social security status is interrupted, and cancellation means that it can no longer be used in the future. If you want to continue to pay in the future, the deactivated social security account can continue to be used, and the previous payment time is accumulated into the total payment time. To sum up, the termination of insurance involves the liquidation of social security account and the collection of balance, while the cancellation is to completely delete the account so that it can not be used again. In some cases, such as the insured leaves his job or emigrates, the social security society will be in a state of termination, but this does not necessarily mean that the account is completely cancelled.