Is there any money in the newly activated social security card?

Legal analysis: There is no money in the new social security card. Individuals pay 8% of the money in the social security card, and the unit pays 20% according to the average salary of the individual in the previous year. The higher the salary, the more money, and the specific amount varies from person to person. There is a financial account in the social security card, which needs to be activated to withdraw cash and transfer money.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 4 Employers and individuals in People's Republic of China (PRC) shall pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Fifth people's governments at or above the county level shall incorporate social insurance into the national economic and social development plan. The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance. The state supports social insurance through preferential tax policies.