Why are banks rushing to change three generations of social security cards?

In order to further enhance the security capability of social security cards with financial functions (hereinafter referred to as social security cards), expand the application fields of social security cards, improve the level of human resources social security and financial convenience services, and provide support for the establishment of "one card" service for residents with social security cards as carriers.

The third generation social security card is also a chip card, which is exactly the same as the second generation social security card, except for one more function, that is, the flash payment function. The biggest feature of this flash payment function is non-contact payment, which can be paid at one time. This can increase many payment scenarios, and there are also many powerful ways for the function of social security cards, which is beyond doubt.

But if we don't replace the third generation social security card, will it affect us? There is almost no big impact. Because the second-generation social security card also covers your medical insurance account and a financial account. Moreover, this financial account is also a normal use of bank cards, and many areas also give annual fees and small management fees, which are free of charge for life. In the process of using the social security card, there is no cost.

For the retired old people, most of their pension benefits are paid through the financial account of social security card. If this group of people blindly change their social security cards, obviously the payment of pension benefits will be greatly affected. They must register with the Social Security Bureau, indicating that the social security card must be replaced and the bank account number must be changed, so the pension must be issued on a new social security card. Therefore, this series of processes is still complicated and very difficult for many retired people. Therefore, as a retiree, there is no need to replace it. Because once it is replaced, your pension payment includes the treatment of manual reimbursement of medical insurance, as well as the collection of some related benefits such as work injury insurance, unemployment insurance and maternity insurance, which need to be updated. There are still many inconveniences for yourself. But after all, many people have work units to update the third-generation social security card, and the replacement may be completed through the work unit. Because the work unit and the relevant departments of the bank are cooperative, they will be replaced in batches at one time.

Of course, as a young man, changing the social security card does not have much impact, because you don't need to receive a monthly pension, or you don't need to receive unemployment benefits on a monthly basis. After they are replaced, the information of the social security department will be updated synchronously, and relevant benefits will be received according to the new social security card number in the future. Therefore, for this part of the population who have not yet enjoyed pension benefits, the impact is not great and can be replaced. For those who don't have a work unit, they can also go to the banking department to change their applications. Under normal circumstances, it is relatively simple and quick to change the second generation social security card in any bank.

Legal basis:

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

Article 1 This Law is formulated in accordance with the Constitution for the purpose of regulating social insurance relations, safeguarding citizens' legitimate rights and interests in participating in social insurance and enjoying social insurance benefits, enabling citizens to share the fruits of development and promoting social harmony and stability.

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.