What does the total social security fund mean?

You should mean the whole part of the 5 risks, 1 gold.

Overall planning is relative to personal accounts.

Take the old-age insurance to explain:

If the company belongs to a public institution, it needs to pay 20% of the total wages of employees to enter the social endowment insurance pooling fund. Individuals deposit 8% of their monthly income into their personal accounts.

If it is an individual merchant, it is necessary to pay 12% of the employee's salary into the social pension fund. Individuals deposit 8% of their monthly income into their personal accounts.

Flexible employees pay 20% of the average monthly salary of the local society, of which 12% belongs to the overall planning and 8% belongs to individuals.

Retirement pension: payment period * overall planning+personal account/120.

But you only need to care about the amount of money in your personal account. On the whole, we don't have to pay as much as before, but we treat it according to the average level of society and preserve the value.

Pension insurance payment ratio: 20% for the unit and 8% for the individual, with different proportions in different places.

Proportion of medical insurance payment: unit 10%, individual 2%.

Unemployment insurance payment ratio: unit 1.5%, individual 0.5%.

Work-related injury insurance determines the work-related injury rate according to the industry scope of the unit.

Maternity insurance payment ratio: 0.8% for the unit, and no payment for the individual.