Can you take out social security

You can't take out the social security you used to pay.

Social insurance is a social and economic system that provides income or compensation to a population that is incapacitated, temporarily out of work, or has suffered a loss due to health reasons. The main programs of social insurance include pension insurance, medical insurance, unemployment insurance, work injury insurance, and maternity insurance.

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

Legal Basis

The Social Insurance Law of the People's Republic of China

Article 2 The State establishes a social insurance system of basic old-age pension insurance, basic medical insurance, work injury insurance, unemployment insurance, maternity insurance, etc., to protect citizens in old age, sickness, injury, unemployment and maternity, and to safeguard the right of citizens to receive material assistance from the State and society in old age, sickness, work injury, unemployment and maternity, in accordance with the law. Article 3 The social insurance system shall adhere to the principles of broad coverage, basic protection, multi-level and sustainability, and the level of social insurance shall be commensurate with the level of economic and social development. Article 4 Employers and individuals within the territory of the People's Republic of China*** and the State shall pay social insurance premiums in accordance with the law, and shall have the right to inquire about the records of contributions and individual rights and interests, and to request social insurance agencies to provide social insurance counseling and other related services.

Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the unit's payment of contributions for them. Article 5 The people's governments at or above the county level incorporate the cause of social insurance into national economic and social development planning.

The State raises funds for social insurance through multiple channels. The people's governments at or above the county level give necessary financial support to the social insurance cause.

The State supports the cause of social insurance through preferential tax policies. Article 7 The administrative department of social insurance under the State Council is responsible for the administration of social insurance throughout the country, and other relevant departments of the State Council are responsible for relevant social insurance work within their respective areas of responsibility.

The social insurance administrative departments of the local people's governments at or above the county level are responsible for the administration of social insurance in their respective administrative areas, and other relevant departments of the local people's governments at or above the county level are responsible for the relevant social insurance work within their respective areas of responsibility.

Warm tips

The above answer, only the current information combined with my understanding of the law to make, please be careful to reference!

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