How to calculate personal account balance

How to calculate the balance of personal account: Social security personal account is a part of social insurance, which records the old-age insurance premium paid by individuals and the expenses transferred by the company and is used to calculate and pay the old-age insurance premium of personal account when retiring. Personal accounts include medical and pension accounts, and other social security benefits are stored in the social security center. Inquiring about personal insurance information requires the original ID card and social security card, and the unit inquiry requires the inquiry certificate and the ID card of the agent. The proportion of individual accounts is determined by the provincial medical insurance department and the financial department. The basic old-age insurance fund consists of units, individuals and government subsidies.

The balance of social security personal account is calculated according to the amount paid by the individual+account interest.

Personal social security account means that the social insurance agency establishes a social security number 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 according to the regulations and all the endowment insurance premiums paid by the individual, which serves as the basis for calculating and distributing the endowment insurance premium in personal account when the person who participates in social endowment insurance retires.

Social security personal account: an individual account opened by an independent natural person in a local social security center with social insurance as welfare benefits.

Personal social security accounts are divided into medical accounts and pension accounts. Others include (maternity, work injury, unemployment, etc.). Are stored in the social security center).

If you print my detailed insurance information, you need to provide the original ID card and the original social security card (copy of the original inspection); Employees who entrust others to inquire about their insurance information need to provide the original power of attorney, the original ID card of the client, the original social security card of the client and the original ID card of the trustee (except the original power of attorney, all other materials are inspection copies).

To print the personal insurance information of the employees of this unit, it is necessary to provide the inquiry proof materials stamped with the official seal of the unit and the original ID card of the agent (original proof materials, original ID card inspection and copy).

Inquiring and printing personal insurance list is a free service.

The specific proportion or standard of individual accounts shall be determined by the provincial medical insurance department in conjunction with the financial department in accordance with the above principles, guiding the overall planning area and combining local actual research. Personal account of on-the-job employees: included in the basic medical insurance premium paid by individuals, and the inclusion standard is controlled in principle at 2% of the base of my insured payment. The basic medical insurance premiums paid by the unit are all included in the overall fund.

Personal account of retirees: In principle, it will be allocated by the overall planning fund according to the quota, and the allocated amount will be gradually adjusted to about 2% of the average basic pension level in the year when the reform is implemented in the overall planning area.

Managing personal account balance is an important part of ensuring financial health. First, monitor the account balance regularly to ensure balance of payments. Secondly, make a good budget plan, allocate funds reasonably and avoid overspending. Third, check the bills regularly to ensure accurate records. Fourth, actively save and build a contingency reserve arrangement to cope with unexpected expenses. Fifth, rationally plan investment and realize capital appreciation. Sixth, avoid over-reliance on credit cards, timely repayment, and avoid interest burden. Seventh, maintain good consumption habits and avoid unnecessary expenses. Finally, review and adjust the financial plan regularly to adapt to the changes in personal economic situation. Through the above management measures, we can better manage the balance of personal accounts and achieve financial stability and growth.

Laws and regulations:

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

Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts.

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