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How to calculate the money in the social security card

Insurance Bian Xiao helps you answer, and more questions can be answered online.

How is the money in the social security card calculated? How to use it?

Social security is managed according to the overall account. 80% of the contributions made by units and individuals go into the overall account, and about 20% of the balance goes into the personal account, that is, the part that goes into your own account every month. For how to use this money, you can enjoy certain discounts, such as free registration fee, when you go to a pharmacy to buy medicine and show your medical insurance card in hospital.

Old-age insurance requires a monthly pension (60 for men and 55 for women).