Bookkeeping interest rate of pension personal account

The bookkeeping interest rate of personal pension account is 3.97%.

In 2023, the bookkeeping interest rate of personal accounts for basic old-age insurance for urban employees (including basic old-age insurance for government agencies, institutions and enterprise employees) will be 3.97%, while the bookkeeping interest rate of basic old-age insurance for urban and rural residents may vary from region to region.

The process of paying endowment insurance:

1. Go to the local social security bureau: Applicants can go to the local social security bureau to pay endowment insurance.

2. Fill in the application form: Applicants need to fill in relevant application forms, and generally need to provide personal basic information, contact information, employment information, etc.

3. Determine the payment amount: Applicants need to choose different pension insurance payment schemes according to their own conditions and determine the corresponding payment amount in order to enjoy more pension insurance benefits. The specific payment amount and proportion can be understood according to local policies and regulations;

4. Payment of old-age insurance premium: the applicant needs to pay the old-age insurance premium according to the regulations and submit the proof of payment to the social security agency;

5. Payment confirmation: After reviewing the applicant's information and payment, the social security agency will confirm the applicant's payment and transfer the corresponding payment amount to the personal account.

To sum up, different regions and different social security institutions may have different processing procedures and payment amounts. The specific procedures and payment conditions can be understood according to local policies and regulations.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.