Will the old social security card be cancelled and the money be transferred to the new card?

The balance of social security card cancellation can be transferred to a new card. Need to re-apply for social security account and pay social security for transfer. At any time before the statutory retirement age, you can apply to the social security bureau of the original insured place to move out of social security and apply for a payment voucher, and then apply to the social security bureau of the new insured place to merge social security accounts with the payment voucher, without affecting the accumulated payment period. The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

If the original social security card is cancelled, the pension insurance and medical insurance in your social security card will not be less, and will be transferred to your new social security card. Need to hand over the new card number to the company. Only by giving the card number to the company can the company help you pay the social security fee. The money in the old social security card will be transferred to the new card within 15 to 45 working days. If it is the same bank, you don't need to report the loss of the old card before. It can be transferred back in about 15 minutes, and the social security card takes about a week.

After the social security card is reissued, as long as it is activated, the balance on the old card will be automatically transferred to the new card.

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

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.

legal ground

Article 58 of the Social Insurance Law of People's Republic of China (PRC) (revised 20 18).

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.

The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.