Where does the electronic social security card deduct money from?

Legal analysis: firstly, it is divided into two aspects. The social security card includes not only the pension function, but also the medical insurance function. Involving entrusted withholding of pension funds, a special account for entrusted withholding will generally be set up. Some places can directly entrust the bank account in the social security card for deduction, and some need to open another bank account for entrusted withholding. For the medical insurance card, the personal account of the current year will generally be used first. When the current account is used up, the balance of the previous account will be used, and finally the medical insurance fund will be used for payment.

Legal basis: Article 20 of People's Republic of China (PRC) Social Insurance Law is withheld and remitted by the employer. If the employer fails to withhold and remit according to law, the social insurance premium collection agency shall order the employer to pay within a time limit, and from the date of default, the employer shall be charged a late fee of 0.5% on a daily basis. The employer shall not require employees to bear the late payment fee.