China-Guangzhou Weibo
How can foreigners withdraw medical insurance deposits?
Foreign employees living and working in China are able to enjoy basic medical insurance benefits the same as Chinese nationals.

Updated:1499333259Source:SilkRoadPost

Foreign employees living and working in China are able to enjoy basic medical insurance benefits the same as Chinese nationals. If foreign employees leave China and want to terminate their medical insurance, they can get the insurance savings in their individual accounts. How can they apply for the savings? Let’s take Zac, an American teacher, as an example.

Zac, who is working at a college in Guangzhou, recently wanted to quit his job and return to the U.S. for further study. He has participated in China’s social insurance program, but he has not yet reached the stipulated age for receiving a pension. Zac wondered whether he could withdraw the savings in his medical insurance account. The answer is yes. He just needs to go to local social insurance agencies to submit the following documents.

1. Employment certification issued by the college or Zac's written application for terminating the medical insurance account.

2.  Zac's passport and photocopies.

3. If Zac wants to commission others to handle the formalities on his behalf, he has to provide a letter of authorization, his ID card and photocopies, and the agent’s ID and photocopies of the ID.

4. With the application approved, Zac then can go to the issuing bank of his social security card to withdraw the medical insurance savings in his individual account in one lump sum.

(By Wing Xie, Louis Berney)

Editor:Joanna You
Modern Guangzhou Souvenirs

Lifeofguangzhou.com picks some of the best Cantonese-style souvenirs for you – including those famous pieces as well as lighter and and comparatively cheap items but still with that defining Cantonese character.

The Silk Road Post
 
GZ WEATHER
 
 
 
 
TRAFFIC
Click to Access Traffic Status Map
 
LINKS
  • Powered by www.dayoo.com (Guangzhou Interactive Information Network Co.,Ltd.)
  • Copyright © 2006-2014 Guangzhou Interactive Information Network Company All rights reserved. Copyright/IP Policy.
  • Contact Us | Map| | About Us | Copyright
life of guangzhou