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What happens to unclaimed social security cards
The employer has not paid the social insurance premiums after the due date, the social insurance premium collection agency can inquire the bank and other financial institutions about their deposit accounts; and can apply for the relevant administrative departments at or above the county level to make a decision on the allocation of social insurance premiums, and notify in writing the depositary bank or other financial institutions of the allocation of social insurance premiums. If the balance of an employer's account is less than the amount of social insurance premiums that should be paid, the social insurance premium collection agency may require the employer to provide a guarantee and sign an agreement on deferring the payment of premiums.
The social security card, known as the People's Republic of China Social Security Card, is an IC card issued by the local human resources and social security departments***, whose main function is to provide the cardholder with appropriate social security.
In practice, the application of social security card is also very wide, the cardholder can not only rely on the social security card for medical settlement can also handle a certain amount of pension insurance business, receive unemployment benefits. Cardholders enjoy the rights and interests of social security and public **** employment services electronic vouchers, recorded the basic identity information of the insured, insurance information, payment records, etc., with information records, information query, business handling and other basic functions.
Legal Basis
Article 60 of the Social Insurance Law of the People's Republic of China (PRC) Employers shall declare and pay the social insurance premiums on their own, in full and on time, and shall not suspend or reduce the payment except for force majeure and other legal reasons. The social insurance premiums to be paid by employees shall be withheld and paid by the employer on behalf of the employees, and the employer shall inform the employees of the details of the payment of social insurance premiums on a monthly basis.
Individual entrepreneurs without employees, part-time workers who do not participate in social insurance with their employers, and other flexibly employed persons may pay social insurance premiums directly to the social insurance premium collection organization.
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