Job Recruitment Website - Social security inquiry - Can I withdraw the balance of Shenzhen social security personal account?
Can I withdraw the balance of Shenzhen social security personal account?
The balance of Shenzhen social security personal account refers to the funds accumulated by individuals when paying social security fees, which are used for personal social insurance benefits such as endowment insurance and medical insurance. According to the relevant regulations, the balance of social security personal account can not be directly withdrawn, but used in accordance with the prescribed procedures and conditions when individuals need retirement, medical care, etc. This is because the purpose of the social security system is to protect the social insurance rights and interests of individuals and ensure that individuals can get corresponding protection in retirement and medical care. Therefore, the balance of social security personal account cannot be directly used as personal cash control.
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