When we usually talk about personal social security, we often refer to "five insurances and one gold". "Five insurances and one fund" refers to several security benefits provided by employers to employees, including endowment insurance, medical insurance, unemployment insurance, work injury insurance, maternity insurance and its provident fund. Here we are divided into two situations to explain.
The key is to withdraw social security. In fact, after handling the "five insurances and one gold", even if it is successful, it is necessary to return social security. What should we actually do? To return social security, you should prepare some valid documents, including the original and photocopy of the passport and visa of the country where the immigrant is located, the original and photocopy of the certificate of cancellation of household registration, the employee pension manual, the confirmation of the termination of the contract of the original unit, the scanned ID card or the photocopy of China passport.
The first step is medical insurance. The money in medical insurance can be taken down at one time.
The second step is endowment insurance, which needs to print out the payment details of your account in the endowment insurance center. Then go to the personnel department of the original unit, ask the person in charge to open a special receipt for social security fund and affix the official seal of the unit, and then take all the materials to the endowment insurance center for approval. The endowment insurance center will transfer the money in your account to the original unit account at one time, and then you will go to the original unit to receive the reward.
The third step is to deal with the "one gold" and only write off the provident fund. Bring the required valid documents to cancel. After the CPF Management Center finally passes the examination, they will also apply for cancellation and take out all the CPF in your account. Then it is not to refund social security. In fact, their suggestion is that there is no need to withdraw social security, which can be said to be penny wise and pound foolish.
Once the personal social security is retired, if you want to pay social security again, you must re-analyze the payment period. If you have paid social security for more than ten years, you can receive China pension insurance in two years. However, once the insurance is surrendered, the payment period will be recalculated and gradually paid from the first year, which is really not cost-effective. However, whether to return social security is a personal choice. If you don't plan to return to China or pay social security for a short period of time, it is also possible to return personal social security.
How to collect China retirement pension in Canada depends on the standard. According to the Social Insurance Law of People's Republic of China (PRC) and Several Provisions on Implementing the Social Insurance Law of People's Republic of China (PRC) and other laws and administrative regulations, the prerequisite for employees who have settled abroad to receive China's pension is to participate in the basic old-age insurance, pay for 15 years and meet the retirement age requirements, and retired employees can continue to enjoy relevant retirement policies after increasing their foreign nationality.
At present, the retirement age in China is 60 for men and 55 for women. As long as you reach the age and pay enough social security 15, you can receive China's retirement pension in Canada.