Can I take out the balance of social security card pension insurance?

The balance of personal account of endowment insurance can be withdrawn. But it can only be taken out under certain circumstances:

1, has reached retirement age, but the social security payment period has not reached 15. You can apply for withdrawing the balance of the personal account of the old-age insurance, or you can continue to pay the old-age insurance or repay it, and then receive the pension on a monthly basis;

2. If you join another country's nationality, you can apply to withdraw the balance of your personal account for endowment insurance;

3. If the insured person dies, his family members may apply for withdrawing the balance of personal account of endowment insurance.

The collection methods of endowment insurance premiums are as follows:

1, handle the resignation certificate, and issue the Insurance Payment Certificate. Before the insured person moves across regions, he must first issue a certificate of resignation to the enterprise, and then apply to the social security institution affiliated to the enterprise for issuing a certificate of insurance payment, and provide the insured person's resident identity card and other relevant certification materials as required;

2 for the transfer, show the "insurance payment certificate". After the insured person is employed across provinces, the employer or the insured person in the new place of employment applies to the social security agency in the new place of employment for transfer and connection. The social security institution shall handle the transfer and connection, present the payment voucher for insurance, and fill in the application form for the transfer and connection of the basic old-age insurance relationship;

3. After receiving the social insurance relationship and funds transferred by the social security agency where the original basic old-age insurance relationship of the insured person is located, the social security agency in the newly insured place shall complete the relevant procedures within 15 working days, and notify the employer or the insured person in time after confirmation.

Legal basis: Article 11 of the Social Insurance Law of People's Republic of China (PRC).

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.

Article 12

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 shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Article 13

Before employees of state-owned enterprises and institutions participate in the basic old-age insurance, the basic old-age insurance premiums payable during the payment period shall be borne by the government. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.