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Can the money in the social security card to buy things
The use of the money in the social security card: if the insured person reaches the legal retirement age when the accumulated contributions for fifteen years, you can receive a basic pension from it every month; and if the insured person is sick and hospitalized, and the medical expenses incurred are within the scope of the reimbursement, you can bring the social security card and other information to go directly to the designated hospitals or pharmacies to use it and so on.
Legal Objective:The People's Republic of China **** and the State Social Insurance Law, Article 14 of the individual account shall not be withdrawn in advance, the interest rate of the account shall not be lower than the bank time deposit interest rate, and is exempt from interest tax. If an individual dies, the balance of the individual account may be inherited. Article 16 of the Social Insurance Law of the People's Republic of China (《中华人民***和國社會保险法》) stipulates that an individual who has participated in basic old-age pension insurance shall receive a basic pension on a monthly basis if he or she has accumulated 15 years of contributions by the time he or she reaches the statutory retirement age. 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 full 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 of the State Council. Article 29 of the Social Insurance Law of the People's Republic of China, the portion of the medical expenses of the insured that should be paid by the basic medical insurance fund shall be settled directly by the social insurance agency with the medical institutions and drug business units.
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