How much is the social security interest?

Social security interest is calculated at 80%. According to the provisions of the Social Insurance Law of People's Republic of China (PRC), the interest income of social insurance premiums is calculated according to the interest rate stipulated by the State Council, and is accurately accounted and settled by social insurance agencies. According to the latest Regulations on the Implementation of the Social Insurance Law of People's Republic of China (PRC) (the State Council Order No.719), the interest income of social insurance premiums is calculated at 80% of the bank deposit interest rate in the latest year, and the social insurance agency will accurately calculate and settle the account. Based on this, it can be concluded that the interest of social insurance premium is 80% of the bank deposit rate in the last year, but the final interest income is still accurately calculated and settled by the social insurance agency. SocialInsurance refers to the institutional arrangement that the state raises funds through various channels according to the principle that rights and obligations correspond, and provides material help (including cash subsidies and services) to the insured when he encounters risks such as old age, illness, work injury, unemployment and maternity, so that he can enjoy basic living security and avoid or reduce economic losses.