How is the balance of social security personal account calculated? We usually choose to pay social security in order to protect our lives in special periods, and some of them will be deposited in personal accounts. Let me share with you some information about how the balance of social security personal account is calculated. I hope you like it.

How is the balance of social security personal account calculated? 1 1 Personal common monthly product method.

By the end of this year, the accumulated amount of personal accounts is the sum of the accumulated amount of personal accounts at the end of last year, the accumulated amount of personal accounts at the end of last year, this year's bookkeeping interest rate, this year's bookkeeping principal and this year's bookkeeping interest. The amount calculated by this calculation method is the amount calculated monthly in a payment year according to the accumulated amount of personal accounts at the end of this year.

2 countries often use the annual calculation method

The main means adopted by this method is to calculate the accumulated amount of personal accounts on an annual basis by the end of this year and after each payment year. By the end of this year, the accumulated amount of personal accounts is obtained from the accumulated amount of personal accounts at the end of last year, the product of the accumulated amount of personal accounts at the end of last year and this year's bookkeeping interest rate, and the ratio of this year's bookkeeping amount of personal accounts to this year's bookkeeping interest rate.

How to calculate the personal account of endowment insurance

Pension = (last year's average monthly salary of employees in the province+my indexed monthly average payment salary) ÷2× payment period × 1% = last year's average monthly salary of employees in the province (1+ my average payment index) ÷2× payment period × 1%.

Individual endowment insurance is paid according to 20% of the payment base, of which 12% of the payment base is included in the overall account and 8% of the payment base is included in the personal account.

After retirement, the calculation of pension amount is also divided into two parts. Part of it is calculated from the overall account, which is the basic pension; The other part is calculated from the personal account, which is the personal account pension.

The basic old-age insurance premium is shared by enterprises and individual employees: enterprises pay a certain proportion of the total average monthly salary of employees in the previous year (19% in Beijing, which may be different in other cities), and individual employees pay a certain proportion of the average monthly salary of employees in the previous year (generally 8%).

Urban individual industrial and commercial households, flexible employees and laid-off workers from state-owned enterprises who participate in the basic old-age insurance in their personal capacity shall pay the basic old-age insurance premium at a rate of 20% based on the average social wage in the province where they are located, and all of them shall be borne by themselves.

How is the balance of social security personal account calculated? 2. Calculation of personal account interest.

(1) policy basis

1. National policy disunity stage (before 20 16)

Article 14 of the Social Insurance Law: Individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and the interest tax shall be exempted. The balance of individual accounts can be inherited after the death of an individual.

At this stage, the interest on personal account bookkeeping is formulated by each province according to the operation of its own pension fund, but the provisions shall not be lower than the one-year deposit rate of the bank in the same period.

2. National policy unification stage (from 20 16)

2017 April 13 Notice of the Ministry of Finance of Ministry of Human Resources and Social Security on Printing and Distributing the Bookkeeping Interest Rate of Individual Accounts for Endowment Insurance (No.317 issued by Ministry of Human Resources and Social Security). Unify the bookkeeping interest rate (that is, interest) of individual accounts for employee pension insurance. Unify the bookkeeping interest rate of individual accounts of basic old-age insurance for employees of enterprises, government agencies and institutions, which will be uniformly announced by Ministry of Human Resources and Social Security and the Ministry of Finance every year. The publication time is June every year. The bookkeeping interest rate should be determined mainly by considering factors such as employee salary increase and fund balance, and adjusted through reasonable coefficients. The bookkeeping interest rate shall not be lower than the bank time deposit interest rate.

(2) Calculation method

The calculation methods of personal account interest of endowment insurance are divided into annual calculation method and monthly product method:

Annual calculation method. Calculation formula: Cumulative deposit in personal account by the end of this year = Cumulative deposit in personal account by the end of last year ×( 1+ bookkeeping rate this year)+bookkeeping amount in personal account ×( 1+ bookkeeping rate this year × 1/2)× 1.083.

Monthly product method. Calculation formula: Cumulative amount of personal account at the end of this year = Cumulative amount of personal account at the end of last year ×( 1+ current bill interest rate)+principal of current bill amount+interest of current bill amount.

(3) Bookkeeping rate

The General Office of Ministry of Human Resources and Social Security and the General Office of the Ministry of Finance announced that the bookkeeping interest rate of the personal account of the basic old-age insurance for urban employees (including the basic old-age insurance for employees of government agencies and institutions) in 20021year was 8.3 1%.

How is the balance of social security personal account calculated? 3 how to calculate the personal account balance when participating in social security as an individual? If you participate in social security as an individual, then we should participate in employee pension insurance and employee medical insurance in the form of flexible employment. Individuals who participate in employee pension insurance in the form of flexible employment pay according to the payment ratio of 20%, so medical insurance can choose high-level payment. Of course, you can also choose low-level payment, high-level payment and low-level payment, and the payment ratio is just half different.

The main difference of medical insurance is that high-grade medical insurance, like employees in enterprises, pays about 8%, and eventually a personal medical insurance account will be established, which means that there will be a corresponding balance in our medical insurance card. Of course, as a flexible employee, you can choose low-grade medical insurance, and the payment standard is around 4%. The only difference is that we will not set up a personal medical insurance account, so there is no balance in our medical insurance card.

Our endowment insurance. Although there is no distinction between high-grade and low-grade, its contribution ratio is 20%, but the proportion of this contribution base is the same, and everyone is the same, but there is also a contribution index ratio, which is freely chosen between 60% and 300%. Of course, 60% of the payment level is relatively low, but the pension you enjoy in the end is also relatively low.

Because the contribution rate of our old-age insurance is 20%, we all know that the proportion of employees entering individual old-age insurance accounts is transferred according to 8%. Therefore, as an individual with flexible employment, the proportion of employees entering personal accounts is actually 8%. Although we bear 20% of the payment ourselves, the remaining 12% is the same as that of our employees.

Although this pension insurance pooling account is not directly related to us when calculating the pension, its main purpose is that we should enjoy the pension of the pooling account when receiving the pension from the personal account, so it has a certain relationship with us.

But in the end, the calculation method of our personal pension account is based on the total balance of our personal pension account and divided by the number of months calculated, so the more the balance of our personal account, the higher the pension benefits.

However, paying social security benefits in the form of employees in enterprises will be less than my own economic cost, because after all, enterprises bear most of the remaining payment ratio, and we only need to bear a small part of the payment ratio. Compared with paying in the form of flexible employment, our economic pressure will actually be much less.