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What is the principal and interest of social security?
Personal account deposit. Social security principal and interest can not be directly withdrawn or transferred like bank deposits, but managed and used as a part of social security funds, resulting in a certain fixed interest rate income. The sum of social security principal and interest is the amount stored in personal account. Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.
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