Shenzhen social security card balance withdrawal method

The money in Shenzhen social security card can't be withdrawn but can be transferred.

Return journey of social insurance transfer process:

1. After the insured establishes the basic old-age insurance relationship in the new employment place and pays the fee according to the regulations, the employer or the insured puts forward a written application for the transfer and continuation of the basic old-age insurance relationship to the social security agency in the new employment place;

2. The social security agency of the newly insured place will review the application for transfer and continuation within 15 working days, send a consent letter to the social security agency where the insured person's original basic old-age insurance relationship is located, and provide relevant information; Do not meet the transfer conditions, make a written explanation to the applicant or the insured;

3. The social security agency where the original basic old-age insurance relationship is located shall handle all the transfer and connection procedures within 05+65438 working days after receiving the bid-winning notice;

4. After the new insurance agency receives the basic old-age insurance relationship and funds transferred by the social security agency where the original basic old-age insurance relationship of the insured person is located, it shall complete the relevant procedures within 15 working days, and notify the employer or the insured person of the confirmation in time.

The difference between social insurance and commercial insurance lies in:

1, achieving different purposes. Social security is the basic guarantee for social members when necessary, not for profit; Commercial insurance is the commercial operation of insurance companies, aiming at profit;

2, the implementation is different. Social insurance is compulsory according to national legislation, while commercial insurance follows the principle of "freedom of contract" and is voluntarily insured by enterprises and individuals;

3. The subject and object of implementation are different. Social insurance is raised, managed and distributed by special institutions set up by the state, targeting social members within the legal scope; Commercial insurance is managed by insurance companies, and the applicant can be anyone who meets the underwriting conditions;

To sum up, in today's society, you can apply for a social security card no matter where you are. The social security card records some information related to social security, and it is also possible to inquire about individual payment. Therefore, many people will apply for social security cards immediately after handling them, which is also a very important link.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Article 23

Employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.

Article 35

The employer shall pay the work-related injury insurance premium according to the total wages of its employees and the rate determined by the social insurance agency.

Article 44

Employees should participate in unemployment insurance, and employers and employees should pay unemployment insurance premiums in accordance with state regulations.

Article 53

Employees shall participate in maternity insurance, and the employer shall pay maternity insurance premiums in accordance with state regulations, and employees shall not pay maternity insurance premiums.