Process of withdrawing money from social security card

Take it according to the following steps:

1. UnionPay on the social security card can be used as a bank card (debit card), provided that you deposit money in it to withdraw money; In addition, the money paid in social security can not be taken out, and can only be used for medical reimbursement or medicine purchase. In fact, it is: two accounts, a deposit account and a social security account, on a social security card;

2. Activation of social security account: I need to bring my bank social security card, my old social security card (not needed) and my ID card to the social security counter of the bank to fill in the form and set a password to activate the social security account, but the account cannot be used for withdrawal;

3. Bank account: I need to bring my bank social security card and my ID card to the bank counter to fill in the form, and set a password to activate the bank card account, which has the same function as ordinary bank cards and can be used for withdrawal and transfer.

4. It is suggested that the passwords of the two accounts should be set separately, preferably not the same, to ensure the safe use of each account.

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 account of medical insurance, it can generally only be used for medical reimbursement, or for purchasing medical-related things such as medicines. In addition, you can buy commercial insurance, but basically you can't return it. If it is the funds in the personal account of endowment insurance, it can only be collected after retirement, and the balance of individual endowment insurance can only be taken out unless the insured dies or emigrates.

Can I get industrial injury insurance?

I can't get it. If you pay work-related injury insurance to the national social security agency, you don't have to pay for it yourself, but your company pays for it. If a work-related injury occurs during the working period, compensation shall be made in accordance with the Regulations on Work-related Injury Insurance. If there is no work-related injury or resignation, the money paid by the company cannot be taken.

To sum up, the social security card with UnionPay can be used as a bank card (debit card), provided that you deposit money in it before you can withdraw money; In addition, the money paid in social security can not be taken out, and can only be used for medical reimbursement or medicine purchase. In fact, two accounts, a deposit account and a social security account, are on the same social security card.

Legal basis:

Article 7 1 of People's Republic of China (PRC) Labor Law

The level of social insurance should be compatible with the level of social and economic development and social affordability.

Article 72

The social insurance fund shall determine the source of funds according to the types of insurance and gradually implement social pooling. Employers and workers must participate in social insurance and pay social insurance premiums according to law.

Article 73

Workers shall enjoy social insurance benefits according to law under the following circumstances:

(1) Retirement;

(2) Being sick or injured;

(3) Being disabled at work or suffering from occupational diseases;

(4) unemployment;

(5) bearing.

After the death of an employee, his survivors shall enjoy the survivors' allowance according to law.

The conditions and standards for workers to enjoy social insurance benefits shall be stipulated by laws and regulations.

Social insurance premiums enjoyed by workers must be paid in full and on time.