Does opening an individual pension account affect social security?

Does not affect. Personal pension account is the account of social security card. Social security cards are similar to bank cards, corresponding to social security personal pension feast accounts. The two are the same thing, they don't affect it. The insurance paid every month is included in the personal account. Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.

The characteristics of individual pension accounts are as follows:

1. Personal contribution: Personal pension account is a form of personal savings, which is established by individuals paying endowment insurance premiums;

2. Long-term accumulation: the accumulation of funds in individual pension accounts is long-term, and you need to pay a certain number of years to enjoy pensions or pensions;

3. Stable income: the investment income of pension account is relatively stable, mainly in fixed income category, with certain risk prevention mechanism to ensure the safety of account funds;

4. Strong applicability: personal pension accounts are suitable for most people, whether they are employed or freelancers, who can pay pension insurance premiums, establish personal pension accounts, and make good reserves for their retirement;

5. Flexible and adjustable: the payment amount of individual pension account can be adjusted, and individuals can make flexible adjustments according to their own economic conditions and needs to ensure sufficient funds in the account.

To sum up, opening an individual pension account will not have any impact. The personal pension system itself is the user's independent participation, and no compulsory payment is made. Therefore, even if the user opens an individual pension account, it will not have any impact even if the user does not pay the fee. After opening an account, the individual pension account can be exempted from payment.

Legal basis:

People's Republic of China (PRC) social insurance law

second

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 get material help from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Article 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.