Who is managing the social security fund?

The social security fund is managed by the local social security bureau.

The management of social insurance funds is the responsibility of the local social security bureau. The national law clearly stipulates the management responsibilities of social security management departments for social security funds. Under specific circumstances, it can be legally recognized according to the actual operation and use of social security funds.

Procedures for cancellation and re-processing of social security cards:

1. In case of dissolution, bankruptcy, cancellation or merger, the social insurance payment obligation shall be terminated in accordance with the law, and the agency that originally implemented social insurance registration shall apply for cancellation of social insurance registration in time;

2. Within 30 days from the date of approval or termination by the relevant authorities, apply to the agency that originally implemented social insurance registration for cancellation of social insurance registration;

3. If the payer needs to change the social insurance registration agency due to the change of production and business premises or office location, it shall, within 30 days after the above change, apply to the agency that originally implemented social insurance registration for cancellation of social insurance registration. In addition, it is necessary to apply to the social insurance registration agency in the resettlement area for social insurance registration;

4. If the business license of the payer is revoked by the administrative department for industry and commerce, it shall, within 30 days from the date of revocation of the business license, apply to the agency that originally implemented social insurance registration for cancellation of social insurance registration.

To sum up, the cancellation and re-processing of social security cards need to provide relevant materials and be handled according to the process. The specific process and required materials may vary according to regions and specific situations. Please consult the local social security bureau or relevant departments for specific requirements.

Legal basis:

People's Republic of China (PRC) social insurance law

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The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.

Article 4

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.