What impact does the social security card have on the future after taking out the money?

Social security can't be taken out. Individuals who participate in basic old-age insurance can only receive the basic old-age pension on a monthly basis after reaching the legal retirement age and paying the accumulated contributions for 15 years. In the case of changing the work place in the title, you can apply for social security transfer, transfer the social security previously in Shandong to the city where you work now, and continue to pay social security.

According to Article 14 of the Social Insurance Law of People's Republic of China (PRC), individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.

According to the provisions of Article 16 of the Social Insurance Law of People's Republic of China (PRC), 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 paid for 15 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.

According to the provisions of Article 19 of the Social Insurance Law of People's Republic of China (PRC), if an individual is employed in an overall planning area, his basic old-age insurance relationship will be transferred accordingly, and the payment period will be calculated cumulatively. When an individual reaches the statutory retirement age, the basic pension is calculated in stages and distributed uniformly. Specific measures shall be formulated by the State Council.

With reference to Article 3 of the Interim Measures for the Transfer and Continuation of the Basic Old-age Insurance for Employees in Urban Enterprises, if the insured person is employed across provinces, the social insurance agency where the original insured person is located shall issue a certificate of insurance payment, and the basic old-age insurance relationship will be transferred to the new insured place.

If the insured reaches the conditions for receiving the basic old-age insurance benefits, the payment period of the insured will be calculated together, and the accumulated storage amount of individual accounts will be calculated together; Before reaching the age of receiving treatment, the basic old-age insurance relationship shall not be terminated, and the procedures for surrender shall be handled; Settle abroad and settle in Hongkong, Macao and Taiwan Province Province, according to the relevant provisions of the state.

Extended data

Referring to Article 5 of the Interim Measures for the Transfer and Continuation of the Basic Old-age Insurance for Urban Enterprise Employees, the transfer and continuance of the basic old-age insurance for the insured shall be handled in accordance with the following provisions:

(1) If the insured person returns to his domicile (referring to a province, autonomous region or municipality directly under the Central Government, the same below) for employment, the relevant social security agency at the domicile shall handle the transfer and connection procedures in time.

(two) if the insured fails to return to the place where the household registration is located for employment and insurance, the social security institution shall handle the transfer formalities for him in a timely manner in the newly insured place. However, for men over 50 years of age and women over 40 years of age, the basic old-age insurance relationship should be maintained in the original insured place, and a temporary basic old-age insurance payment account should be established in the new insured place to record all the contributions of units and individuals. Thirdly, when the insured person is employed across provinces or reaches the conditions for receiving benefits in the newly insured place, all the payment principal and interest in the temporary basic old-age insurance payment account will be transferred to the original insured place or the place for receiving benefits.

(III) If the insured is transferred with the approval of the Organization Department of the Party Committee at or above the county level and the administrative department of human resources and social security, and establishes labor relations with the transferred unit and pays the basic old-age insurance premium, it is not subject to the above age limit, and the basic old-age insurance relationship transfer and connection procedures shall be handled in time at the transferred place.

With reference to Article 6 of the Interim Measures for the Transfer and Continuation of the Basic Old-age Insurance for Employees of Urban Enterprises, when the insured with inter-provincial mobile employment meets the conditions for receiving benefits, the place for receiving benefits shall be determined according to the following provisions:

(a) the basic old-age insurance relationship in the domicile, the domicile is responsible for receiving treatment procedures, enjoy the basic old-age insurance benefits.

(2) If the basic old-age insurance relationship is not located in the domicile, but the accumulated payment period in the domicile of the basic old-age insurance relationship has reached 10 years, the local treatment collection procedures shall be handled and the local basic old-age insurance benefits shall be enjoyed.

(3) If the basic old-age insurance relationship is not located at the domicile, and the cumulative payment period in the locality where the basic old-age insurance relationship is located is less than 10 year, the basic old-age insurance relationship will be transferred back to the original insured place, and the payment period will be 10 year, thus enjoying the basic old-age insurance benefits.

(4) If the basic old-age insurance relationship is not located at the domicile, and the accumulated payment period in each insured place is less than 10 year, the basic old-age insurance relationship and corresponding funds shall be collected at the domicile, and the domicile shall go through the formalities for receiving the benefits according to regulations and enjoy the basic old-age insurance benefits.

With reference to Article 8 of the Interim Measures for the Transfer and Continuation of the Basic Old-age Insurance for Employees of Urban Enterprises, if the insured persons are employed in inter-provincial mobility, the basic old-age insurance transfer and continuity procedures shall be handled according to the following procedures:

(a) the insured in the new employment in accordance with the provisions of the establishment of the basic old-age insurance relationship and payment, by the employer to the social security agencies to submit a written application for the transfer of the basic old-age insurance relationship.

(2) The social security agency of the newly insured place will review the transfer and continuation application within 15 working days, send a consent letter to the insured person if it meets the requirements, and provide relevant information; Make a written explanation for those who do not meet the conditions for transfer and connection.

(3) The social security agency where the original basic old-age insurance relationship is located shall handle all the transfer and connection procedures within 15 working days after receiving the acceptance letter.

(4) After receiving the basic old-age insurance relationship and funds transferred by the social security agency where the insured person's original basic old-age insurance relationship 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.

Ministry of Human Resources and Social Security-People's Republic of China (PRC) (China) Social Insurance Law

Zhejiang government service network-Interim Measures for the transfer and continuation of basic old-age insurance for urban enterprise employees