The bookkeeping interest rate for the individual accounts of the basic pension insurance for urban employees and the individual accounts for the basic pension insurance for urban and rural residents is 2.75%.

Interest on the entire savings amount of the personal pension insurance account is settled in the natural year.

If the personal account has been deposited for a full year, the annual interest will be calculated based on the annual accounting interest rate; if the amount has not been deposited for a full year, the interest will be calculated based on the actual number of months stored multiplied by one-twelfth of the annual accounting interest rate.

Pension insurance, the full name of social basic pension insurance, is the basic life insurance provided by the state and society in accordance with certain laws and regulations for workers after they reach the working age limit set by the state for the release of labor obligations, or after they have lost their ability to work due to old age and have retired from their jobs.

A social insurance system established.

Pension insurance is an important part of the social security system and one of the most important of the four major types of social insurance.

The purpose of pension insurance is to protect the basic living needs of the elderly and provide them with a stable and reliable source of living.

Legal basis: "Interim Measures of the State Council on Retirement of Workers" Article 2 After workers retire, they will be paid monthly retirement benefits according to the following standards until their death.

(1) Those who meet the conditions of Article 1 (1) (2) (3) and participated in revolutionary work during the Anti-Japanese War shall be paid 90% of their standard salary.

Those who participated in revolutionary work during the War of Liberation were paid 80% of their standard salary.

Those who participate in revolutionary work after the founding of the People's Republic of China and have served for twenty consecutive years will be paid 75% of their standard wages; those who have served for ten years but less than fifteen years will be paid according to their standard wages.

Sixty percent of the amount will be issued.

If the retirement allowance is less than 25 yuan, it will be paid at 25 yuan.

(2) Those who meet the conditions of Article 1 (4) and need assistance with food and daily living will be paid 90% of their standard salary. A certain amount of nursing fees may also be paid based on the actual situation. The standard of nursing fees is:

Generally, it should not exceed the salary of an ordinary worker; those who do not need help with food and daily life will be paid at 80% of their standard salary.

Those who meet two or more retirement conditions at the same time shall be awarded according to the highest standard.

If the retirement allowance is less than 35 yuan, it will be paid at 35 yuan.