Job Recruitment Website - Social security inquiry - Can I withdraw money from the company social security card?

Can I withdraw money from the company social security card?

You can't. The social insurance premium paid by the company cannot be withdrawn in advance, and the personal social insurance premium can only be withdrawn after the individual retires. If an individual dies, the balance of individual social insurance premiums can be inherited. Individuals who leave the local area or change their work units may transfer social insurance money according to law. However, if an individual has gone through the entry and exit formalities or repeatedly paid social insurance premiums, it can be returned to the individual according to law.

legal ground

Article 10 of the Social Insurance Law

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Article 14 of the Social Insurance Law

Personal accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted.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.