On the basis of participating in social security, you can open a personal pension account for yourself and save money in it. After retirement, you can receive multiple pensions. Personal pensions are also supported by government policies, voluntary participation by individuals, market-oriented operations and basic pension insurance.

Connected to this is the supplementary pension insurance of social security, which is available in all major banks.

How to open an Industrial Bank personal pension account? 1 Download and open the Industrial Bank APP on your mobile phone, and you will see the personal pension entrance on the homepage; 2 Click on Personal Pension to enter the account opening interface, upload your personal ID card and follow the prompts to complete the account opening

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To participate in a personal pension, you need to open two accounts: one is to establish a personal pension account on the information platform of the Ministry of Human Resources and Social Security, which is used for information recording, inquiry and services, etc.; the other is a personal pension fund account opened or designated in a bank.

Used to pay bills, purchase products, collect income, etc.

The two accounts uniquely correspond to each other, and participants can open them through multiple channels such as the National Social Insurance Company Service Platform, the National Human Resources and Social Security Government Service Platform, electronic social security cards, "Pocket 12333", and commercial banks.

Among them, these two accounts can be opened at one time through commercial bank channels.

Conditions for withdrawing personal pensions: Participants can apply for withdrawing pensions if they meet the following conditions: 1. The participant reaches the age of receiving basic pension; 2. Completely loses the ability to work; 3. Settls abroad; 4. Death; 5. As prescribed by the state

Other conditions.

Methods of receiving personal pension: When participants meet the conditions for receiving pensions, they can choose to receive it monthly, in installments or in one go. The bank will transfer the personal account funds to the participant's personal social security card bank account according to the method selected by the individual.

When participants receive it on a monthly basis, they can receive it month by month according to the number of payment months determined by the basic pension insurance, or they can receive it month by month according to the number of payment months they choose, until all is exhausted; or they can receive it month by month according to the fixed amount determined by themselves.

, while supplies last.

If participants choose to collect in installments, they should select a collection period, specify the number or method of collection, and wait until supplies are exhausted.

Under special circumstances, such as complete loss of working ability, departure and settlement abroad, etc., the application can be submitted to a commercial bank with a conclusion letter of labor ability appraisal, certificate of overseas settlement, etc.

When you meet the conditions for receiving it and apply personally, Industrial Bank will transfer the pension to your social security card bank account.