The surrender conditions are very strict and very difficult to handle. 1. The registered permanent residence of insured persons who have gone abroad or settled abroad has been canceled by the public security organs of our country. 2. The insured person dies due to various reasons before reaching the legal retirement age. 3. The insured person has reached the legal retirement age, the payment years are not enough to receive the monthly pension, and he does not meet the conditions for continuing to pay pension insurance according to the method of self-employed workers, or he is unwilling to continue to pay pension insurance premiums. 4. Those with agricultural registered permanent residence.

Why surrender the policy? You can arrange it according to your financial situation. I suggest that you continue to pay social insurance premiums if your financial conditions permit, so that your life after retirement can be guaranteed to a certain extent. If you currently have certain difficulties in paying premiums, you can temporarily stop paying and continue to pay after your conditions improve. Pension insurance premiums can be interrupted, and the previous and later payment periods can be combined and accumulated. When the payment period and retirement conditions stipulated by the state are reached, You can go through retirement procedures and enjoy retirement benefits.

If you want to refund, you can only refund the amount paid by the individual. It also depends on which level you pay, which is calculated based on the wage base in your city. The lowest bracket is 60% of the average salary of the previous year, and the highest bracket is three times the average salary of the previous year.