Job Recruitment Website - Social security inquiry - Can the social security card money handled by foreigners in Wuhu be taken out?

Can the social security card money handled by foreigners in Wuhu be taken out?

Employees can't withdraw the money from their social security cards in other places, but they can apply for social security and pay it cumulatively after being transferred to a new workplace.

Social security transfer:

(1) After the insured establishes the basic old-age insurance relationship in the new employment place and pays the fee, the employer shall pay it.

Submit a written application for the transfer of the basic old-age insurance relationship to the social security agency of the newly insured place.

(2) The social security agency of the newly insured place shall, within 15 working days, review the application for transfer and continuation, send an acceptance 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 15 working days after receiving the acceptance letter.

(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.

(5) Accumulated calculation of the payment period of the old-age insurance, and there is a gap in the middle, which can be supplemented or not.

Social insurance law

Fifteenth basic pension consists of overall pension and individual account pension.

The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age.