Is there any difference between the social security personal account and the unit account?

Social security personal account balance is the social security is divided into personal and unit to pay two parts, personal account balance said the personal part of the other unit to pay is into the overall, if retired, then this part is calculated together to give the pension. If you don't have a pension and withdraw, you can only take the amount of the individual part of the payment.

The difference between the social insurance personal account and unit account:

1, the proportion of social security contributions by the individual contributions and unit contributions, there is no social security unit account, unit contributions are given to the social co-ordination, and so on retirement will be exchanged for a pension return;

2, social security personal account refers to the social insurance agency in accordance with the State Bureau of Technical Supervision issued by the social security number for each participant in the pension. Social security number for each participant in social pension insurance to establish, record the unit in accordance with the provisions of the transfer of pension insurance premiums and personal contributions to all pension insurance premiums, as a participant in social pension insurance retirement personal account as the basis for the calculation of pension insurance premiums.

The main bodies of social insurance premiums are the state, enterprises and individuals. The base is based on the gross salary.