How do I withdraw money from my social security card?

Social security card can be withdrawn from ATMs, but the money taken out of the social security card in the ATM is the money you have deposited in the social security card, and the other money can not be withdrawn.

One, because the social security card can be used as a bank card, so the money in the social security card is divided into two parts: part of the use as a bank card, can be accessed at any time, the same function as any other bank card, if you want to use the cash, you can go to the bank at any time to take. The other part is the money returned to your account by the social security according to the pension insurance you have paid. This part can be used to buy medicine and consume, but not to withdraw cash. It's worth noting that the bank password for use as a bank card is not the same as the bank password for use with a social security card, and unless you set up the same password, it's easy to lock up your social security card if you get it wrong when you use it.

Second, most of the social security cards we use now are second-generation social security cards, which have the function of a bank financial account. So, you can access cash in various banks. Of course, let's not go astray. Each social security card is not a universal bank card. It is issued by the bank that issued the card, can only deposit cash in the bank that issued the card, and cash can be withdrawn through the UnionPay function, in any bank branch self-service ATMs.

Three, social security withdrawal in two cases:

1, foreign household registration of rural residents, not reached the legal retirement age termination, termination of labor contracts, not in the city to continue employment, really can not transfer the social security relationship, you can apply for termination of the social security relationship and a one-time claim for all the amount of storage in the individual account of my pension insurance.

2. If you are an urban household, you can't surrender your insurance. If you meet the conditions of the surrender you can bring your ID card, social security card, unit certificate and other information to the local labor bureau for surrender, generally within 15 days of acceptance.

Why do I need a bank to issue my social security card?

The social security department is to save costs, and at the same time to access the banking system. And the banks value the financial functions attached to the social security card. For example, we issue pensions, are to be issued to each person's bank account, with a social security card, the social security department is going to be issued by the social security card tied to the bank's financial account, there is the function of pulling deposits. There are also unemployment benefits, work injury benefits, maternity benefits and so on can be issued through the financial account. Our first generation of social security card is a magnetic stripe card, issued for the first time in Shanghai in 1999, the production and issuance of simple, but confidentiality is not strong, it is easy to be copied, resulting in some people's health insurance benefits theft. Later, the state was popularizing the second generation of social security cards. Now the country is promoting the pilot of the third-generation non-contact social security card, and it can be integrated with the financial Internet big data.On April 22, 2018, the Ministry of Human Resources and Social Security issued for the first time the country's first e-social security card, and the social security card is no longer afraid of losing it when it is deposited in the cell phone. In the future, the application of social security card will be more and more, the operation will be more and more simple.