How is the balance of the social security card calculated?

The balance of the social security card is generally based on the balance in the individual's account. The individual's social security is managed according to the integrated account and the individual account respectively, with 80% of the amount paid by the unit and the individual going into the integrated account, while about 20% of the balance goes into the individual account, i.e., the portion that is credited to one's account every month. This is also known as the balance.

Legal basis

Social Insurance Law, Article 2 The state establishes a social insurance system for basic pension insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance and other social insurance systems, to safeguard the right of citizens to receive material assistance from the state and society in old age, sickness, industrial injury, unemployment, maternity and other situations in accordance with the law. Article 11: Basic pension insurance is a combination of social coordination and individual accounts. The basic pension insurance fund consists of employers and individual contributions and government subsidies.