Can I withdraw the money from my social security card?

The money in social security can't be withdrawn casually, and it needs to meet the conditions.

Personal account of social security card pension insurance can only be withdrawn after retirement, and cannot be withdrawn in advance.

In addition, if the insured dies or emigrates, the balance in the personal account can also be withdrawn according to the procedure.

legal ground

Article 11 of the Social Insurance Law of People's Republic of China (PRC) * * * The basic old-age insurance shall combine social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Article 14 Individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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 64 of the Social Insurance Law of People's Republic of China (PRC) includes basic old-age insurance fund, basic medical insurance fund, industrial injury insurance fund, unemployment insurance fund and maternity insurance fund. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country.