When it is transferred to personal account, it is included in the proportion of 8%. On-the-job personnel pay endowment insurance: 20% of the unit is included in the overall pension insurance, and 8% of the individual payment is included in the personal account. Freelancer status payment: 8% of the total 20% will be transferred to personal account, and 1 1% will be transferred to pension insurance as a whole.

legal ground

People's Republic of China (PRC) social insurance law

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.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.