Job Recruitment Website - Social security inquiry - Can the money in Guangxi social security personal account be used? Can I withdraw the money from my personal account?

Can the money in Guangxi social security personal account be used? Can I withdraw the money from my personal account?

Can the money in Guangxi social security personal account be used?

You can use it. Usually people go to the hospital to see a doctor and go to the pharmacy to buy medicine, which can be settled directly with the money in their personal accounts.

The balance in the personal account is the money deducted from the salary when everyone pays social security, which belongs to the individual, so it can be used. The part paid by the unit goes directly into the social pooling account and will not be credited to the personal account, so the money cannot be used.

Nowadays, social security cards generally have two independent accounts: social security account and financial account. Funds in financial accounts can be freely withdrawn and used, while funds in personal accounts cannot be withdrawn and can only be used in hospitals or pharmacies.

Can the money in Guangxi social security personal account be taken out?

Strictly speaking, the money in the social security personal account cannot be taken out. You can use it when you go to the hospital to see a doctor or buy medicine in a pharmacy, but you can still take it out if you meet the following conditions:

1. If the accumulated social security payment period does not reach 15 years after the insured reaches retirement age, and he does not want to continue to pay, he can choose to withdraw the part previously paid by the individual, but the part paid by the company cannot be withdrawn.

2. If there is a balance in the personal account of the insured person who died unexpectedly, his relatives can go through the relevant withdrawal procedures with the information to the Social Security Bureau.

3. If the insured person moves abroad and his/her household registration is transferred, he/she can also bring relevant information to the Social Security Bureau for filing.