Can employees withdraw money from social security?

Can't withdraw money from the social security paid by employees. The company will pay social insurance for employees while they are at work. Employees can enjoy medical insurance and other benefits with social security cards. The money in the personal account in the social security card cannot be withdrawn unless the employee dies, so that the money in the personal social security account will be inherited by the heir. In this case, it can be withdrawn.

1. Can employees withdraw money from social security?

The money in the social security card cannot be taken out in principle. If a person who participates in the basic old-age insurance dies, his legal heir may inherit the balance of his personal account. In case of repeated payment, incomplete payment at retirement 15 years, death before retirement age, etc., those who have gone through relevant procedures can take it out. Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited. If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund. Social security payment units and individuals shall pay social insurance premiums in full in monetary form. The social insurance premium that the payer should pay shall be withheld and remitted from his own salary by his unit.

Second, is it illegal for the unit not to pay social security?

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Social insurance premiums include basic old-age insurance premiums, basic medical insurance premiums, work-related injury insurance premiums, unemployment insurance premiums and maternity insurance premiums. Except for maternity insurance and industrial injury insurance, which do not require individual contributions, the other three types of insurance are paid by units and individuals in accordance with the relevant proportion.

Employers and workers must participate in social insurance and pay social insurance premiums according to law. It is the legal obligation of the employer to participate in social insurance and pay social insurance premiums for workers according to law. Employers and workers cannot change or waive this obligation by agreement.

3. Where is the source of social security funds?

1, the insurance premium paid by the insured according to a certain proportion of his salary income (if the salary income cannot be determined according to the average salary of employees);

2. The insurance premium paid by the insured unit according to a certain proportion of the total wages of the employees of the unit;

3, the government's financial subsidies to social insurance funds;

4. Bank interest or return on investment from social insurance funds and social donations.

To sum up, social security is very important for employees, and the company should handle it when they join the company. The social security card has a personal account, and the funds in it cannot be withdrawn for medical insurance and future endowment insurance. Workers who have been insured for fifteen years can enjoy pension insurance benefits after retirement. If an employee dies, the personal account shall be inherited by the heir as an inheritance.