What does social security calendar year mean?

Legal analysis: the account balance of social security card is a part of the personal account of social security applicant, that is, the amount of social security pension paid each month: salary base x 1 1%x 12 months.

This is how the balance over the years has been accumulated.

Usually, the monthly social security pension payment is 20% for the company and 8% for the individual, of which 1 1% is credited to the individual account and 17% is credited to the social security pooling account (the so-called cauldron).

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.

Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.

Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services.

Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.