What does the social security system annuity balance mean?

The annuity balance of social security system refers to the difference between the annuity account balance of individual annuity account in the social security system in the current month and the annuity account balance in the previous month. Personal annuity account refers to a part of the insurance premiums that individuals voluntarily pay while participating in social insurance, which is used to accumulate personal pensions. In the social security system, the balance of individual annuity account can be inquired through the social security system, and can also be paid and collected in the social security system. The difference between the current month's annuity account balance and the last month's annuity account balance is the social security system annuity balance. The annuity balance of social security system refers to the difference between the annuity account balance of individual annuity account in the social security system in the current month and the annuity account balance in the previous month.