What do you mean by pooling accounts and personal accounts?

Personal account only refers to the individual contributions of employees, that is, 8% of the individual contributions mentioned by Bian Xiao in the above article. In other words, it is the part deducted by the company when everyone is at work. However, the overall account has nothing to do with the personal account. It is to transfer 20% of the expenses paid by enterprises to the overall account as a fund to open a fund for retirees. In other words, the funds in the overall account cannot be taken out, but only as a distribution and use of pensions by companies and enterprises in the future.

The difference between overall account and individual account.

Personal account only refers to the individual contributions of employees, that is, 8% of the individual contributions mentioned by Bian Xiao in the above article. In other words, it is the part deducted by the company when everyone is at work. However, the overall account has nothing to do with the personal account. It is to transfer 20% of the expenses paid by enterprises to the overall account as a fund to open a fund for retirees. In other words, the funds in the overall account cannot be taken out, but only as a distribution and use of pensions by companies and enterprises in the future. Assuming that the social security is paid in the name of an individual, about 1/3 of the social security premium paid by oneself goes into the individual account, and all the rest goes into the overall account; However, if companies and individuals pay together, the social security premiums they pay will go into personal accounts, and companies and enterprises will pay the overall accounts. In other words, if the payment is made in the name of an individual, both the individual account and the overall account must be paid.

Social security pooling account requirements

1. The process is standardized and the division of labor is clear.

Village co-organizers are specifically responsible for the collection and reporting of materials required for the registration of new rural insurance, the selection of payment grades, waiting for collection, and the transfer of relations, and assist in the work of policy propaganda and explanation, qualification certification of treatment, thorough investigation, collection and publicity of basic information of rural residents. Township offices are responsible for the preliminary examination of the qualifications, basic information, payment information, treatment eligibility and relationship transfer qualifications of the insured. , input relevant information, and accept consultation, inquiry and report, policy propaganda and publicity. County (city, district) level social security institutions are responsible for the registration of new rural old-age insurance, insurance premium collection, fund allocation, fund management, establishment and management of personal accounts, approval and payment of benefits, transfer and connection of insurance relations, file management, card issuance, statistical management, consultation, inquiry and reporting, and conduct guidance, supervision and assessment on the business handling of township offices.

2. Make real accounts and strengthen management.

County-level social security institutions shall establish individual accounts for each insured person. Personal accounts are used to record individual contributions, collective subsidies, local government subsidies, other subsidies and interest.

The endowment insurance premium paid by the insured is recorded as "individual payment": the subsidies or subsidies granted by village collectives and other social and economic organizations to the insured are recorded as "collective subsidies"; Subsidies paid by local governments at all levels to individual accounts are recorded in the name of "government subsidies". Personal account records shall include: personal basic information, payment information, pension payment information, personal account storage information, transfer and connection information, termination and cancellation information, etc. When the insured person of the old rural insurance is transferred to the new rural insurance, the storage amount of the personal account of the old rural insurance can be included in the personal account of the new rural insurance. At present, the amount stored in personal accounts bears interest every year with reference to the one-year deposit rate of RMB in financial institutions announced by the People's Bank of China.

The new agricultural insurance fund implements two lines of revenue and expenditure management. The new agricultural insurance fund must be earmarked, and management fees, bank fees and other fees shall not be charged, and no department may occupy, misappropriate or transfer it. In addition to the necessary expenses set aside according to regulations, all the funds are deposited in banks or purchased government bonds, and all the proceeds are included in the fund.

3. Simplify procedures and allow transfer.

If the insured person is transferred across counties (cities, districts) during the payment period, the social security institution at the county level at the transfer place will transfer the new agricultural insurance relationship and personal account storage amount to the new insured place at one time, and the new insured place will handle the insurance payment procedures for it. If the insured person is transferred to the pilot area where the new agricultural insurance has not been carried out, the new agricultural insurance relationship will not be transferred temporarily, the personal account will be sealed, and the storage amount will continue to bear interest according to the relevant provisions.