What does accumulated social security deposit mean?

Legal analysis: the accumulated storage amount in personal account includes the sum of the principal and interest paid by the insured unit before June 2006 1 and the personal contributions paid by the parties over the years. The accumulated storage amount of social security account mainly refers to the accumulated storage amount of endowment insurance paid by the department and the accumulated storage amount of medical insurance paid by the department. Endowment insurance has a personal account, and the balance of this account is one of the bases for calculating the pension of the parties.

Legal basis: Article 4 of the Social Insurance Law of People's Republic of China (PRC) * * * Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.