How can I withdraw money from my Social Security card? What should I be aware of?

The social security card we use now has two functions inside: the health insurance function and the financial function. The money inside the two functions is of different nature, some can be withdrawn, some can not.

The social security card, which we used to call the "health insurance card," contains money that is generally referred to as the health insurance personal account. It is the social security system set up specifically for the participants, as long as the person who participated in the employee health insurance, will receive a sum of money into the health insurance every month. And the money into the medical insurance account can only be earmarked for special purposes, such as buying medicine, hospital outpatient registration, and discharge settlement costs. This part of the money will be based on the age structure of the different money will be different, generally the older the more money will be allocated. It has been mentioned above that it can only be earmarked for specific purposes, so it can't be taken out.

But at present, Beijing's health insurance premiums can be taken out. This is because Beijing's health insurance premiums are transferred to other passbooks. If you want to take it out, you can withdraw cash from the passbook. There is another place: Tianjin, this place can only take out 70% of the medical insurance fees can be withdrawn. Other places can't cash out their health insurance premiums.

For health insurance account money is always belong to your own. What you can't use up yourself can be used to buy medicine for your family. People can also accumulate it, which is not going to be zeroed out.

When we get a social security card, the Medicare function is enabled by default, so we don't have to activate it ourselves.

Another function of the social security card is the financial function. The financial function needs to be activated in person at the bank. Now there is a cooperative bank on the social security card, you can see it when you get the card. Once the financial function is activated, the social security card will have the functions of a normal bank card. Deposits, withdrawals, transfers, etc., can also open mobile banking or online banking, you can bind WeChat, Alipay.

Now we have in place social security card has been used to pay: maternity benefits, unemployment benefits, pensions and other social security benefits.

Particularly the pension, now the Ministry of Human Resources and Social Security requirements around the pension through the social security card to pay and receive. That is, they are issued to the bank account of the social security card. And now there are data showing that there are already about 80% of the city has begun to pay pensions through the social security card. Then it is necessary for the majority of retirees, be sure to go to the bank to activate the financial function of the social security card, only the financial function is opened, after your pension can be issued on time and receive.

We just have a social security card, the pension can be directly issued to the inside, but also eliminates the need for a pension a card, health insurance a card, resulting in a complex human resources and social systems, the management of the situation of confusion.

Of course, want to use the social security card's banking function, you have to go to the social security card on the cooperative bank to open, you need to bring my ID card and social security card, open is also very fast.

With the bank function after the pension and other social benefits, you can directly use the social security card to receive, but also in the bank's ATM cash machine to withdraw money. If retirees who can use smart phones, they can withdraw their pensions or earn them on other bank cards through their cell phones. In fact, the confidentiality of the banking function of the social security card is still very strong nowadays, so you can rest assured that you can put your money in it. As long as the money is issued to the inside, it will not be zeroed out or deducted. Putting it in there will also give you a certain amount of interest.

The current social security card has a medical insurance function and financial function, the money inside the medical insurance function, mainly to participate in the employee health insurance after the personal account money, can not be taken out, can only be used for the drugstore to buy drugs, outpatient registration reimbursement. After the activation of the financial function, your social security card is equivalent to a bank card, with the functions of a bank card, can be used for withdrawals, transfers, card spending. The most important thing is that the future pension is also issued to this, if you have not opened the financial function of the personnel, please remember to open. Lest they bring unnecessary trouble.

So the money into the health insurance account can not be taken out, while the money into the bank account can be taken out.