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Can social security withdraw money out to use
According to the People's Republic of China*** and the State Social Insurance Law, the money in social security can't be taken out in principle, and it's the money that provides social security for participants in specific situations such as retirement, unemployment and maternity. However, under special circumstances, individual account balances can be taken out and used. For example, if a participant of the basic pension insurance dies, his/her legal heirs can inherit the individual account balance. In addition, for some special cases, such as repeated contributions, not having paid for 15 years at the time of retirement, or passing away before reaching the retirement age, the individual account balance can also be taken out after going through the relevant procedures.
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