What's the use of social security passbook? Can I withdraw money?

The money in the social security passbook is the cost of paying social security and cannot be withdrawn. Pension insurance must be paid for 15 years before you can receive a monthly pension; Medical insurance can only be used if you go to the hospital for reimbursement or go to a designated pharmacy to buy medicine.

In order to continue the business of endowment insurance, we have to pay a certain amount of endowment insurance premium every month in proportion. Originally, the money was paid directly to social security. Now the bank collects money and then transfers it to social security. Therefore, if you need to deposit money in the bank, you have to have a bankcard passbook.

1. At present, the social security department entrusts the employer's bank to withhold and remit the social security paid by it.

Two, when the bank deducts money on time every month, the employer shall ensure that the account has enough balance.

The social security card is used to see a doctor. There is no money in it. It is used to accumulate the amount.

Only the part exceeding 1800 needs to pay the personal burden, and the money in the medical insurance passbook can be taken out for use, or you can go to a designated pharmacy to buy medicine.

Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

In China, social insurance is an important part of the social security system, occupying a core position in the whole social security system.

In addition, social insurance is a contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility.

However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the statutory conditions.

References:

Medical insurance passbook Baidu encyclopedia