What is a financial account on a Social Security card? Do I have to activate the financial account of my social security card?

Social security card has financial payment function, take Qingdao city as an example.

The Qingdao Social Security Card Management Office has corresponding regulations for it:

Article 31? According to the application requirements of the national and provincial human resources and social security departments, carry out the inter-regional medical settlement and relationship transfer, identity confirmation and other business applications of social security cards.

Through the bank account of the social security card for deposit and withdrawal, transfer, collection and payment and other businesses. Employers are encouraged to pay wages and entitlements through social security card bank accounts.

Expanded Information:

Qingdao Social Security Card Management Measures related laws and regulations:?

Article 43? The social insurance premiums payable by flexibly employed persons shall be paid by them to the local tax authorities or the organizations entrusted by the local tax authorities to collect social insurance premiums on their behalf at the prescribed time and in the prescribed manner.

The employer shall, within 30 days of forming a labor relationship with the employee, register him/her for social insurance and pay social insurance premiums for him/her in the month of registration or in the following month, after issuing a certificate of social insurance participation for the purpose of purchasing a house, settling down, enrolling in school, and regulating the management of minibuses.

Article 44 The social security card application unit shall be equipped with hardware and software equipment and card-reading equipment in accordance with the provisions of the social security card application needs, and according to their respective duties and scope of services to provide social security card application services, consciously accept the supervision of the social security card department.

Baidu Encyclopedia - Measures for the Administration of Social Security Cards in Qingdao City