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Social security card can deposit money to withdraw money

Legal subjective:

There are several kinds of money in the social security card: the financial account is equivalent to an ordinary bank card, which can be accessed; the medical insurance account every month from the medical insurance money can only be used to see a doctor to buy medicine, cash is illegal. Some regions may not have opened the two-in-one financial and medical insurance of the ordinary medical insurance card, can only withdraw sporadic reimbursement of money. Otherwise, you can only withdraw the death, settlement abroad and other end of the social security relationship.

Legal Objective:

Article 16 of the Social Insurance Law stipulates that individuals who have participated in basic old-age insurance and who have paid contributions for a total of fifteen years by the time they reach the legal retirement age shall receive a basic pension on a monthly basis. Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the statutory retirement age may contribute until they reach the fifteenth year and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or the urban residents' social old-age insurance, and enjoy the corresponding old-age insurance benefits in accordance with the provisions.