How to calculate the interest of 65438+ million social security personal account?

The interest calculation method of 65438+ Million Social Security Personal Account is as follows:

1. Annual calculation method: after the end of each payment year, the accumulated amount of personal account is calculated by year. The specific formula is: the accumulated amount of annual account = the accumulated amount of personal account at the end of last year ×( 1+ the bookkeeping interest rate of the current year)+the transfer amount of the current year+the interest of the transfer amount of the current year.

2. Monthly product method: the monthly product method is also used to calculate social security interest, in which the interest of the allocated amount in the current year is equal to the monthly product of the current year multiplied by the bookkeeping interest rate of the current year divided by 12. The monthly bookkeeping amount of the current year is the sum of the bookkeeping amount of each bookkeeping month multiplied by the corresponding weight.

3. Calculation method of basic old-age pension: The personal account amount of basic old-age insurance is calculated according to the "pension fund preservation rate".