Personal pension account interest rate in 2023

The personal pension account interest rate for 2023 is the basic pension insurance includes urban workers' basic pension insurance and urban and rural residents' basic pension insurance, both of which have individual accounts, which accrue interest at the published booking rate every year.

The booking interest rate for workers' individual pension accounts is announced by the Ministry of Human Resources and Social Security and the Ministry of Finance in June each year, for example, the booking interest rate for 2022 is 6.12 percent. The Internet rumors that the bookkeeping interest rate for 2023 has also been released, 3.97%, but the official website does not have the relevant information. Meanwhile, the bookkeeping interest rate for each year is not lower than the interest rate for time deposits. It mainly includes three aspects:

1. Basic pension insurance includes basic pension insurance for urban workers and basic pension insurance for urban and rural residents, both of which have individual accounts, which will accrue interest every year according to the published bookkeeping rate.

Booking interest rate for workers' individual pension accounts

2. Each year, the Ministry of Human Resources and Social Security and the Ministry of Finance unify to announce the booking interest rate in June, for example, the booking interest rate for 2022 is 6.12 percent. It is rumored that the bookkeeping interest rate for 2023 has also been released, which is 3.97%, but there is no relevant information on the official website. Meanwhile, the annual crediting rate is not lower than the interest rate of fixed deposits.

3, urban and rural residents of the basic pension insurance personal pension account interest rate, the country is not uniform, but by the provinces and cities according to the province's own situation to determine their own, according to incomplete statistics, up to now, there have been a number of provinces and municipalities, including anhui, gansu, guangxi, shandong, hebei, fujian, qinghai and other provinces and municipalities announced the 2023 urban and rural residents of the basic pension insurance personal pension account booking interest rate

In summary: Risk management measures for personal pension accounts in 2023 include establishing diversified investment portfolios, setting strict investment standards and regulatory measures, strengthening information disclosure and transparency, establishing a risk management framework and developing emergency response plans. These measures aim to ensure the safety and sound growth of funds in personal pension accounts, and to improve investment returns while reducing risks. Through these measures, personal pension accounts can better cope with market fluctuations and risks.

Legal basis:

Law of the People's Republic of China on Social Insurance

Article 18

The state establishes a mechanism for normal adjustment of basic pensions. According to the growth of the average salary of employees and price increases, the level of basic pension insurance benefits will be increased in due course.2023 The bookkeeping interest rate of individual pension accounts is relatively low, but for residents with higher contributions and larger accounts, the interest rate is still considerable, which has a great impact on the pensions of retired residents. In addition, the risk management measures for personal pension accounts in 2023 also include diversified investment portfolios, strict investment standards and supervisory measures, etc., aiming to ensure the safety and sound growth of the funds, and to improve the rate of return on investment while reducing the risks, in order to better safeguard the sound and healthy appreciation of pensions.