2. Description:
(1) About 1/3 of the total insured amount goes into personal account, and about 2/3 goes into labor insurance fund, which is to co-ordinate and support retirees. This is the most popular explanation.
(2) Whether the company pays or the individual pays, a part of the social security fee will be included in the overall account, and the rest will be included in the personal account. If an individual dies or surrenders, he can only inherit or refund the amount in his personal account.
(3) All the social security fees paid by all people within the overall geographical scope will enter an account, the part paid by the company for employees will enter the overall account, and the employees themselves will enter the personal account. When employees retire, some pensions are paid from personal accounts, and some are paid from overall accounts.
(4) After individuals and units pay social security, some social security will be included in the overall account. For example, medical treatment, personal hospitalization, and expenses are reimbursed by the overall account. Co-ordination of accounts is to concentrate the money paid by everyone and then concentrate on secondary distribution.
Extended data:
Matters needing attention for individuals to pay social security:
1. Social insurance is paid through a legally registered company in Beijing. If you choose an agency as an agent, you must do a good job in auditing the company's qualifications.
2. Determine the social insurance base with the agency. If the agency and the customer determine the amount with a high base, but the base actually paid to the customer is very low, the rights and interests of the customer will not be guaranteed and the money will be gone.
3. After paying social insurance for one month (the next month), you should ask the social security agency for proof of payment every month, or log on to the social insurance website to see if your social insurance has really been paid.
4. It is necessary to stipulate in the contract with the social security agency how the agency will collect the fees or how much manual reimbursement is included in the service fee when manual reimbursement is required.
5. It is necessary to stipulate the work-related injury declaration in the contract (the most important thing). The customer must reach an agreement with the agency on how the agency can declare and handle the claim in the event of an industrial accident.
6. Record the monthly payments to social security institutions. If there are corresponding legal problems, these payment records can be used as evidence to achieve the purpose of safeguarding rights.