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What about retirement salary after retirees change their social security cards?
1. During the processing of the new social security card, the old social security card can be used normally. After the new social security card is opened, the old social security card cannot be used.
2. The new social security card has two functions: social security account and bank financial account. Banks that need to be handled can only be used after opening. When opening, the social security account and the bank wealth management account should be opened at the same time.
3. For the money in the old social security card, it will generally be distributed to the new card at the same time or the next month.
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.
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