Will the social security card be automatically deducted if it has money?

Legal analysis: As a unified social security card issued by the state, social security card is a very important card. At present, the insured can apply for a social security card as long as they participate in social security. Then, after the insured person handles the social security card, will the social security card automatically deduct the money? At present, there are only two situations for social security bank withholding, the first is the insured individual, and the second is the employer. If you are an individual insured, you want to apply for social security card withholding. You can follow the following steps: 1. Bring my ID card and UnionPay card to the business hall of the local social security bureau to fill in the Application Form for Withholding Social Insurance Fees of Individual Insured Persons by Entrusted Banks; 2. The window staff of the Municipal Social Security Bureau put forward audit opinions according to the application; 3. Insured persons who meet the conditions of bank withholding can hold the application form to the designated withholding bank and sign a withholding agreement. It should be noted that the withholding method is to pay the withholding fee annually. If you want to stop paying, you need to bring your ID card and the original agreement to the business hall of the Municipal Social Security Bureau to fill in the payment declaration form again.

Legal basis: Article 11 of the Social Insurance Law of People's Republic of China (PRC) stipulates that the basic old-age insurance combines social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies. The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in personal accounts.