Official response to the reasons for the decrease in the amount of social security accounts

In response to some netizens' queries about the small balance of social security personal accounts, Shenzhen Social Insurance Fund Administration issued a note on inquiring about personal accounts of enterprise employees' pension insurance in Shenzhen on May, 2023 10 through its WeChat WeChat official account, indicating that the actual amount has not decreased, and the difference in the displayed amount is due to different display rules.

According to the Shenzhen Social Insurance Fund Administration, on May 8, after the social insurance information system in Shenzhen was switched to the centralized system in Guangdong Province, some netizens found that the amount of personal accounts of enterprise employees' pension insurance inquired through public service channels in Guangdong Province such as "Guangdong Province saves trouble" was inconsistent with that inquired through public service channels in Shenzhen such as "I Shenzhen".

In this regard, the Shenzhen Social Insurance Fund Administration pointed out that the actual amount of personal accounts of the insured's pension insurance has not decreased, and the personal rights and interests of social security have not been affected. According to Shenzhen Social Insurance Fund Administration, the reason for the different display amounts is that Guangdong Public Service Channel and Shenzhen Public Service Channel have different display rules for individual accounts of enterprise employees' pension insurance.

Functions and benefits of social security:

1, pension insurance, in layman's terms, means that you can get a pension after retirement. Paid jointly by the unit and the employee. Pay more in the future and pay more in the future. If the accumulated payment reaches 15 years (it doesn't matter if it is interrupted), you can retire and receive a pension at retirement age.

2, medical insurance, in layman's terms, is that medical expenses can be reimbursed if you are sick. Paid jointly by the unit and the employee. After paying medical insurance for a certain number of years (25 years for men and 20 years for women in most cities), you can enjoy lifelong medical insurance benefits without continuing to pay after retirement.

3. Maternity insurance, in layman's terms, means that medical expenses incurred by female childbirth can be reimbursed and maternity allowance can be received during maternity leave. Payment is made by the unit, not by the individual employee.

Unemployment insurance In layman's terms, you can get compensation after being forced to lose your job. By the unit and the workers * * * to pay (contract workers of farmers and herdsmen recruited by the unit, I do not pay unemployment insurance premium).

Work-related injury insurance means that you can get compensation after a work-related injury. Payment is made by the unit, not by the individual employee.