What is a social security personal account?

The meaning of social security individual account is as follows:

1, social security personal account refers to the social security number issued by the social insurance agency for each person who participates in social endowment insurance according to the State Bureau of Technical Supervision, and records the endowment insurance premium transferred by the unit and all the endowment insurance premiums paid by the individual as the basis for calculating and issuing the individual account endowment insurance premium when the person who participates in social endowment insurance retires;

2. Personal social security accounts are divided into medical accounts and pension accounts. Others include (maternity, work injury, unemployment, etc.). ) at the social security center. ) In April, 20021year, the General Office of the State Council issued the Guiding Opinions on Establishing and Perfecting the Outpatient Security Mechanism of Employees' Basic Medical Insurance, and put forward some suggestions to better solve the outpatient security problem of employees' medical insurance participants. The opinion pointed out that the outpatient expenses should be included in the payment scope of the employee medical insurance pooling fund, the employee medical insurance personal account should be reformed, the outpatient medical insurance guarantee mechanism should be established and improved, the use efficiency of the medical insurance fund should be improved, and the medical expenses burden of the insured personnel should be gradually reduced to make the system fairer and more sustainable.

Legal basis: Article 10 of the Social Insurance Law of People's Republic of China (PRC).

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.

The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Article 11

The basic old-age insurance combines social pooling with individual accounts.

The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.