How to take out personal money after social security payment is stopped?

After the social security payment is stopped, the personal part of the money cannot be directly taken out.

First, understand the nature of social security accounts.

Social security accounts are usually divided into two parts: overall account and personal account. Overall account funds are mainly used to pay social security-related benefits, while personal account funds are accumulated by individual contributions and used for personal pension, medical care and other expenses.

Second, the extraction application under specific circumstances

1. Death of the insured: When the social security insured dies unfortunately, the funds in his personal account can be inherited by his legal heir as an inheritance. Heirs need to bring relevant certificates (such as death certificate and inheritance certificate). ) go to the local social security department for withdrawal procedures.

2. Settle abroad: If the insured decides to settle abroad and renounces China nationality, he can apply for withdrawing funds from his personal account. This usually requires providing passports, visas, residence certificates and other relevant documents.

Third, the extraction process

1. Prepare relevant materials: according to specific conditions, prepare necessary supporting documents, such as death certificate, inheritance certificate, passport, visa, etc.

2. Consult the local social security department: go to the local social security department to consult the specific extraction policies and processes to ensure that you know the required materials and handling steps.

3. Submit an application: submit relevant materials to the social security department as required and fill in the application form.

4. Review and handling: the social security department reviews the application materials and handles the extraction procedures after confirming that they are correct. The withdrawn funds will usually be deposited in the bank account designated by the applicant.

To sum up:

After the social security payment is stopped, the personal part of the money cannot be directly taken out. However, under certain circumstances, such as the death of the insured or settlement abroad, you can apply for withdrawal of personal account funds. When applying for withdrawal, you need to understand the relevant policies and processes, prepare the necessary supporting documents, and submit the application as required.

Legal basis:

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

Article 14 stipulates:

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.

This law makes it clear that under normal circumstances, the funds in the social security personal account may not be withdrawn in advance, but after the death of the insured, the balance of the personal account can be inherited by the heir.

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

Article 16 stipulates:

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.