The total social security is the part paid by the company when employees pay social security, and the total personal social security is the part paid by individuals. Social pooling refers to the unified collection and management of social insurance handling units according to law, and unified adjustment and use within the territorial scope. The system raises the basic old-age insurance fund in the form of traditional basic old-age insurance fund; Every month, part of social security will go into employee accounts, and part will go into social security pooling. The above is the relevant content of the total social security and the total personal amount.

What does social security co-ordination mean?

Social insurance pooling is the part of the insurance premium paid by the employer for employees after deducting personal accounts. The social insurance pooling fund belongs to all the people who participate in social insurance, and is managed by the social insurance unit in a centralized way and used in a unified way. The social pooling insurance fund shall not misappropriate special reserves, special funds or individuals. The main sources of social security funds include financial allocations, social security fees (taxes) paid by employers and individuals according to law, and social donations. This article mainly writes the related knowledge points of the total amount of social security and the total amount of individuals, for reference only.