Can the personal balance of social security be withdrawn?

Personal balance cannot be withdrawn directly.

However, under certain special circumstances, such as when the insured person reaches the statutory retirement age, emigrates abroad, or passes away, the balance of his or her personal account can be withdrawn or processed according to regulations.

Specifically, if the insured reaches the legal retirement age and goes through the retirement procedures, they can receive pensions in accordance with relevant regulations. At this time, the balance of the social security personal account will be paid out as part of the pension. If an insured person emigrates abroad or dies, the balance in his or her personal account can also be withdrawn or inherited in accordance with relevant regulations.

It should be noted that the conditions and regulations for withdrawing social security personal account balances vary from region to region and policy. Therefore, the specific withdrawal methods and procedures need to be handled in accordance with relevant local regulations.

In addition, there are also relevant laws and regulations regulating the use and management of personal account balances for social security. Insured persons should abide by relevant regulations, use personal account balances reasonably, ensure that they are used for personal social security expenses, and prevent abuse and misappropriation.

In summary:

The personal balance of social security cannot be withdrawn directly in most cases, but under certain circumstances, such as retirement, immigration or death, it can be withdrawn according to regulations or processing. Specific withdrawal conditions and regulations vary from region to region and policy, and insured persons should abide by relevant regulations and use their personal account balances reasonably.

Legal basis:

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

Article 14 provides:

Personal account No early withdrawal is allowed, the accounting interest rate cannot be lower than the bank time deposit interest rate, and interest tax is exempted. If an individual dies, the balance of his or her personal account can be inherited.

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

Article 16 stipulates:

Individuals participating in basic pension insurance shall be eligible for retirement when they reach the statutory retirement age. Those who have made cumulative contributions for fifteen years will receive a basic pension on a monthly basis. Individuals participating in basic pension insurance who have paid less than fifteen years of cumulative contributions when they reach the legal retirement age can pay for fifteen years and receive basic pensions on a monthly basis; they can also transfer to new rural social pension insurance or urban resident social pension insurance. , enjoy corresponding pension insurance benefits in accordance with the regulations of the State Council.