How to withdraw the balance of social security card

The balance of social security card refers to the amount in social security personal account (five insurances) and other funds (financial account). Among them, the personal account balance of endowment insurance refers to the endowment insurance expenses paid by the insured himself. The balance in the personal medical insurance account basically refers to the medical insurance expenses payable. How to withdraw the balance of social security card?

How to withdraw the balance of social security card

On the social security card, different ways to withdraw funds are different. If it is a savings fund, as well as the unemployment allowance and maternity allowance applied for, you can withdraw it directly from the bank channel. However, if it is the funds in the personal medical insurance account, it can only be used for medical reimbursement, or for purchasing medical-related items such as medicines. In addition, commercial insurance can also be purchased, but it is basically not extractable. If it is the funds in the individual pension insurance account, it can only be collected after retirement. Except for unexpected circumstances such as the death of the insured or emigration, the balance of individual endowment insurance can be withdrawn.

To sum up, we can see that under normal circumstances, the balance of social security cards can be directly extracted from bank channels, but the balance extraction in some accounts has a fixed purpose. I hope this answer is helpful to everyone. If you have any questions, please call the customer service number of the social security center or go to the local social security agency for consultation.