Expansion: calculation method of social security account interest rate
The notice of the People's Bank of China (Yinfa [1997] No.567) clearly stipulates that the current deposit of the old-age insurance fund deposited in commercial banks shall bear interest at one time from 1998 1; Current deposits deposited before1October 0998+65438+65438 shall bear interest in installments with1October 65438+ 1 as the boundary. The Decision of the State Council on Establishing the Basic Medical Insurance System for Urban Workers (Guo Fa [1998] No.44) stipulates that the part raised by the basic medical insurance fund in that year shall bear interest at the current interest rate; The fund principal and interest carried forward from the previous year shall bear interest at the bank deposit rate of lump-sum deposit for 3 months; The deposited funds deposited in the social security financial special account shall bear interest according to the three-year savings deposit interest rate, which shall not be lower than the interest rate of this level (implemented from February 1998 14).