Pension personal account funds include what

Personal pension account funds include the following:

1, the principal of the current year's contributions, including all personal contributions and the part of the employer's contributions to the personal account;

2, the current year's interest generated by the principal;

3, the interest generated by the cumulative amount of savings in the past years.

The procedures for pension insurance are as follows:

1. For the first time, you need to hold an agent's agreement, pension insurance handbook, ID card; the payment base can be freely selected within the annual range to pay pension insurance, medical insurance (the first time to participate in the medical insurance with a copy of the ID card, two one-inch color photographs of the red background, and the two contact phone numbers left on the copy);

2, Once again, the agent needs to pay the agent manual, ID card in April-May each year on time to pay the social insurance premiums from April of the current year to March of the following year (with health insurance need to be paid before May 10th).

Interest credited as required. The funds credited to the individual account include three parts:

1. the principal amount of the current year's contributions, including all individual contributions and the portion of the employer's contributions that are transferred to the individual account (starting from January 1, 2006, the size of the individual account was adjusted uniformly from 11% of the individual's salary to 8%, which is all formed by the individual's contributions, and the unit's contributions are no longer transferred to the individual account);

2. the interest generated by the principal amount of the current year;

3. the interest generated by the employer's contributions;

4. the interest generated by the employer's contributions. Interest generated by the principal;

3. Interest generated by the cumulative savings over the years. Individual account of employees' basic pension insurance refers to the only account set up by the social insurance agency for each individual employee participating in basic pension insurance using the resident's identity card number as the identifier, which is used to record the amount of pension insurance premiums paid by the individual employee and the amount of basic pension insurance premiums transferred and credited to it from the enterprise's contributions, as well as the amount of interest on the above two parts. The personal account is the main basis for employees to receive the basic pension after meeting the retirement conditions stipulated by the state and going through the retirement procedures. The above is the net for the pension insurance related knowledge of the series of introduction, as well as for the pension insurance is also for different situations to implement different standards.

Summary of the above, the basic pension insurance personal account, refers to the social insurance agency to the resident identity card number as the identification, for each individual to participate in the basic pension insurance workers set up a unique, for the record of the individual workers to pay the pension insurance premiums and from the enterprise contributions to the transfer of the basic pension insurance premiums, as well as the amount of interest on the above two parts of the account.

Legal basis:

Article 10 of the Social Insurance Law of the People's Republic of China

Employees shall take part in basic pension insurance, and the employer and the employee*** shall pay the basic pension insurance premiums together.

Individual industrial and commercial households without employees, part-time workers who have not participated in basic pension insurance with their employing units, and other flexibly employed persons may participate in basic pension insurance and pay basic pension insurance premiums by themselves.

The methods of pension insurance for civil servants and staff members administered under the civil service law shall be prescribed by the State Council.

Article 11

Basic pension insurance is a combination of social coordination and individual accounts.