What is the operation of empty account in personal account of endowment insurance? How to treat it ~

What is the operation of empty account in personal account of endowment insurance? How to treat it ~

It shows that the endowment insurance account has no funds and has been reported, which is true.

And why do all the old workers now have retirement wages? Aren't there still many young people trying to pay social security?

Retirement, there is such a formula to calculate pension: the sum of social wage *20%+ personal account *1120, which is obviously directly related to social wage and the amount paid by individuals. According to the time period and grade of payment, it is generally around the local minimum living standard.

Besides, after all, China is a populous country. The purpose of social security is to solve the problems of old-age care and medical care in the future and embody the principle of socialist homogenization, rather than widening the gap and creating contradictions. So, even if you pay more, you set an upper limit.

If you want to improve the quality of old-age care, I suggest you buy some commercial insurance as a supplement according to your actual economic situation on the basis of social security.