Funds are closely related to all aspects of life, from the concept of 5G, the concept fund of China 1 1, to the most basic pension fund. What are the pension funds? The organization is as follows:

What is a pension fund?

Pension fund is a kind of fund used to pay retirement income and a part of social security fund. Pension funds raise social endowment insurance funds by issuing fund shares or beneficiary certificates, and entrust professional fund management institutions to invest in industrial investment, securities investment or other projects in order to achieve the purpose of maintaining and increasing value.

What are the pension funds?

Composition of endowment insurance fund:

1, the basic old-age insurance premium paid by employers, employees and urban individual workers;

2, the basic old-age insurance fund interest and other value-added expected annualized expected income;

3, the basic old-age insurance;

4. Social donation;

5. Financial subsidies;

6 other funds that should be included in the basic old-age insurance fund according to law.