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Is there any money in a new social security card
Legal analysis: "There is no money in the newly-applied social security card.
Legal basis: The Social Insurance Law of the People's Republic of China
Article 4 Employers and individuals within the territory of the People's Republic of China shall pay social insurance premiums in accordance with the law, and shall have the right to inquire into the records of contributions and individual rights and interests, and to request the social insurance agencies to provide social insurance counseling and other related services.
Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the payment of contributions for them by their own units.
Article 58 An employer shall, within thirty days from the date of employment, apply for social insurance registration with a social insurance agency for its employees. If the employer fails to apply for social insurance registration, the social insurance agency shall approve the social insurance contributions to be paid by the employer.
Individual industrial and commercial households without employees who voluntarily participate in social insurance, part-time employees who do not participate in social insurance with their employers, and other flexibly employed persons shall apply to the social insurance administrative organization for social insurance registration.
The State establishes a nationally unified individual social security number. The individual social security number is a citizen's identity number.
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