Can you withdraw the balance of your Social Security pension account?

Not allowed. According to the relevant provisions, the personal account of the pension insurance shall not be withdrawn in advance, and the interest rate of bookkeeping shall not be lower than the bank time deposit rate, and is exempt from interest tax. In the event of an individual's death, the balance of the individual account can be inherited.

Article 16 of the Social Insurance Law of the People's Republic of China (PRC) stipulates that individuals who have participated in basic old-age insurance shall receive a basic pension on a monthly basis if they have made contributions for a total of fifteen years by the time they reach the statutory retirement age. Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the legal retirement age may contribute until they reach the full fifteen-year limit and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or to the social old-age insurance for urban residents, and shall enjoy the corresponding old-age insurance benefits in accordance with the provisions of the State Council. Article 14 of the Social Insurance Law of the People's Republic of China (PRC) stipulates that individual accounts may not be withdrawn in advance, and that the interest rate charged on the accounts may not be lower than the interest rate charged on bank fixed-term deposits, and that they shall be exempt from interest tax. If an individual dies, the balance of the individual account can be inherited.