What is the meaning of the amount transferred to the personal account

Contributing to a personal account means that the worker's employer has transferred the required social security fees to the worker's personal account. Usually, the social security card will show three kinds of contribution amounts, which are the amount transferred by the unit to the overall amount, the amount of personal contribution and the amount transferred by the unit to the account. The individual contribution amount refers to the social security fees paid by the individual worker, while the amount transferred by the unit to the co-ordination refers to the amount transferred by the unit to the individual's social security fund account.

Why is the unit transferred to the individual account zero?

The reason why the amount of unit contribution to the individual account is zero is mainly because the part of the unit contribution is paid into the pension insurance pool rather than into the individual account. Therefore, in the social security and pension insurance system can not be seen, can only view the part of the individual contribution. China's pension insurance model for the combination of social integration and individual accounts, the social integration part of the pay-as-you-go system, the individual account part of the fund accumulation system.