How many personal pension accounts can I open?

A person can't open several pension insurance accounts. If there are several accounts, they can be cancelled or merged into one account.

If an individual has two endowment insurance accounts in a city, the merger depends on the specific situation. If the social security account is transferred across provinces, it depends on whether the cooperation and coordination mechanism of inter-provincial social security institutions has been established. In the same city, in different periods, if the insured has two pension accounts, according to the law, it should be possible to calculate the payment period together, but the accounts cannot be combined.

If the insured person has two pension accounts in the same city at the same time, the payment period can only be calculated according to one account, and the other account should be cancelled. After the insured cancels the pension account, he may ask the social security agency to return the funds in his personal account.

How much does it cost for individuals to apply for social security?

First of all, you must clearly know the minimum and maximum payment base of local social security. Generally, many companies pay social security for you according to the minimum payment base. In this way, they give a lot less money. Don't think it's a good thing that you get more salary, but your pension will be lower in the future.

The advantage of this method is that it is similar to the "employee social security" mentioned above, and all five social security can be renewed.