How to transfer pension from social security card to bank card?

When using a social security card to receive a pension, retirees need to take the social security card and the ID card and bank card associated with the social security card to the card-making bank to activate the financial account function, and the pension will be transferred to the bank account, and retirees can receive it with the card.

Legal objectivity:

Article 15 of the Social Insurance Law consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc. Article 16 of the Social Insurance Law: Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have accumulated contributions for fifteen years. 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.