Only the part paid by oneself goes into the personal account, and all the part paid by the unit goes into the overall fund. The basic old-age insurance for enterprise employees and the old-age insurance for government agencies and institutions belong to the basic old-age insurance for urban employees, and both adopt the mode of proportional payment by units and individuals. The unit payment is included in the overall fund account, and the individual payment is included in the personal account. These are two account management modes of endowment insurance. The unit contribution is included in the overall fund account but not in the employee's personal account, and only included in the employee's personal contribution, which is determined by the nature and calculation method of the basic pension for urban employees. Although the unit payment is based on signing labor contracts with employees and forming labor relations. Although there is a certain relationship between enterprises and individual employees' endowment insurance, this part of endowment insurance premium is one of the ways to raise endowment insurance funds as a whole, and it is not owned by individual employees. If the following conditions are met, you can withdraw the part paid by yourself from your personal account, but the part paid by the company cannot:

1, reaching retirement age, but not meeting the condition of payment 15 years (the amount stored in personal account is paid in full).

2. The insured dies for some reason (personal payment and interest).

3, the insured person to settle abroad (personal payment and interest).

4. In case of death after retirement, the balance of personal account (personal payment and interest).

Part of the unit enters the overall fund to pay the pension benefits of retirees, rather than handing it over to the state. If it is difficult to pay the benefits from the overall fund, the state finance will give subsidies.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.