What's the difference between a social insurance personal account and a company account?

The balance of social security personal account refers to two parts of social security, which are paid by individuals and units. The personal account balance represents the personal part, and the other part is paid by the unit. If you retire, this part will be counted as a pension together. If there is no pension for surrender, you can only take the part paid by the individual.

The difference between social insurance personal account and unit account;

1, the social security contribution ratio consists of individual contributions and unit contributions. If there is no social security unit account, the unit payment will be paid by the society as a whole, and will be converted into retirement pension when retiring;

2. Personal social insurance account refers to the social insurance agency's establishment for each person who participates in social endowment insurance according to the social security number issued by the State Bureau of Technical Supervision, and records the old-age insurance premiums transferred by the unit according to regulations and all the old-age insurance premiums paid by individuals as the basis for calculating and issuing the old-age insurance premiums in personal accounts when the people who participate in social endowment insurance retire.

The sharing subjects of social insurance premiums are countries, enterprises and individuals. The base is the total salary.