How much money is there in the social security card?

There is no money in the social security card. The Social Security Card of the People's Republic of China is an integrated circuit (ic) card, which is uniformly planned by Ministry of Human Resources and Social Security and issued to the public by local human resources and social security departments, and used in various business fields of human resources and social security. Social security (individual) cards are issued to urban employees, unemployed people and retirees, and social security (employer) cards are issued to employers. Ministry of Human Resources and Social Security said that it will take about five years to make social security cards generally have financial functions. Social security cards have a wide range of functions. Cardholders can not only take the card for medical treatment for real-time settlement of medical insurance personal accounts, but also handle endowment insurance affairs. Apply for job registration and unemployment registration, apply for unemployment insurance and apply for employment training. Apply for labor ability appraisal and enjoy work-related injury insurance benefits. Handling labor and social security affairs online. The social security card adopts the national unified standard, and the social security number adopts the citizenship number in accordance with the relevant provisions of the Social Insurance Law. The "basic old-age insurance for urban workers" in social security needs to pay 15 years to enjoy the normal old-age insurance benefits for employees. If the payment is less than 15 years, it can be paid back, or transferred to urban residents' social endowment insurance or new rural social endowment insurance to enjoy its social insurance benefits.

Legal objectivity:

Article 11 of the Social Insurance Law of People's Republic of China (PRC) * * * The basic old-age insurance shall combine social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.