How to get the balance of social security account?

The funds in the personal social security account are mainly used for personal social security and cannot be directly withdrawn. However, under certain circumstances, such as reaching the statutory retirement age, going abroad to settle down, dying, etc., you can apply for withdrawing the balance in the social security account.

First, understand the purpose of the social security account balance.

The balance of social security account is mainly used for personal social security, including endowment insurance, medical insurance and unemployment insurance. These funds are accumulated in personal accounts and used to pay the related expenses when individuals enjoy social security.

Second, the way to take it out under specific circumstances

1. Reaching the legal retirement age: When an individual reaches the legal retirement age, he can go through the retirement procedures in accordance with the regulations and apply for a personal account pension.

2. Settle abroad: If an individual needs to withdraw the balance of the social security account for reasons such as settling abroad, he may apply to the social security agency, provide relevant supporting materials, and take it out after examination.

3. Death: In case of death of an individual, the balance in his social security account can be inherited by his legal successor. Heirs need to provide relevant certification materials to social security agencies and handle inheritance procedures.

It should be noted that there may be differences in social security policies in different regions, and the specific exit conditions and procedures may be different. Therefore, individuals should consult the local social security institutions to understand the specific policies and procedures before applying for withdrawing the balance of social security accounts.

In addition, in order to protect personal social security rights and interests, it is recommended that individuals regularly check the balance of social security accounts to ensure the safety and accuracy of account funds. If the account funds are found to be abnormal, they should report to the social security agency in time to safeguard their legitimate rights and interests.

To sum up:

The social security account balance is mainly used for personal social security, and generally cannot be directly withdrawn. However, under certain circumstances, such as reaching the statutory retirement age, going abroad to settle down, dying, etc., you can apply for withdrawing the balance in the social security account. Before applying for withdrawal, individuals should understand the local social security policies and operational procedures to ensure that their rights and interests are protected.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 14 stipulates:

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.

People's Republic of China (PRC) social insurance law

Article 16 stipulates:

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.