In the first case, if you have to wait until you reach retirement age and the social security contribution is insufficient 15 years, you can apply to terminate the pension insurance relationship. At this time, the amount stored in your personal account will be paid to me in one lump sum.
In the second case, if you pay social security for several years, go abroad to settle down and give up your nationality, then you can apply in writing to terminate the employee's basic old-age insurance relationship when leaving the country or after leaving the country, and then pay me the amount stored in your personal account in one lump sum.
The third situation is: after paying social security for several years, people suddenly die, and there is still a balance in the personal social security account, in which the individual payment principal and interest can be inherited. If an employee dies during his/her service, the amount of inheritance shall be the principal and interest of the individual contributions in the personal account at the time of his/her death.
Social security refund process:
1, units or individuals bring information to the local tax service hall for tax refund:
2, the local tax service counter after the first instance, print the "social insurance fee refund application form", "social insurance fee refund list" returned to the insured units or individuals as the acceptance certificate;
3, the local tax authorities to verify the refund, and the labor department to issue benefits;
Step 4 get a refund
Legal basis:
People's Republic of China (PRC) social insurance law
Article 11
The basic old-age insurance combines social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.
Article 14
Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.
Article 15
The basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.