Is there any interest on the money handed over to social pooling? Or how much to pay in the pension?

1, the company pays into the overall fund, and the individual pays into the personal account, and there will be interest, but the amount of the overall fund is not directly related to the amount of your personal pension. Its role is to ensure that retirees will receive pensions at that time;

2. The basic pension consists of overall pension and personal account pension, which is not as simple as how much you pay.

Basis: Decision on Improving the Basic Endowment Insurance System for Enterprise Employees (Guo Fa [2005] No.38)

This paper mainly introduces the concept of indexed monthly average payment salary of the insured in the calculation of basic pension. Therefore, the amount of basic pension is mainly related to the average monthly salary of your local employees and the salary paid by the insured himself.

Personal account pension is to divide the amount of personal account storage by the corresponding number of months, which means that the amount of personal account pension is related to your payment level, payment period and retirement age.