First of all, most of them have paid the social insurance fund. Among them, pension funds account for the bulk. Your old-age insurance is paid by you and your work unit. China's current pension system is a combination of unified accounts, that is, your own pension enters your personal account and the unit enters the overall account. Among them, the money in the personal account can be gradually collected after you retire, while the money in the overall account should be used to distribute to the elderly who have retired at present.

Second, it can be used for investment. Pension funds invest in a wide range of industries, effectively dispersing risks, and usually invest in mature large enterprises in the market. Their investment income may not be particularly high, but it is stable and reliable, which meets the investment needs of pension funds.

Third, buy a certain number of funds. In fact, in addition to pensions, there is also a fund that is also working hard for your pension money, that is, the social security fund, which is referred to as a similar social security fund. This name sounds easily confused with the previous social insurance fund, but it is actually two different funds.

Fourth, do equity investment. In order to supplement the endowment insurance and other funds when the aging reaches its peak in the future, it is said that the social security fund is also helping you earn pension money. However, his investment style is different from that of pension funds, because the money is basically not needed in the short term, so he can invest for a longer time and pursue higher returns when investing. For example, even if pension funds can invest in equity, the investment is mainly in large state-owned enterprises, which is mainly due to security and stability considerations.

Fifth, we can make some steady investments, put them in credit cooperatives or buy some funds. Old people should not pursue more interests, trust some institutions easily and make full use of their pensions.

The short answer is that someone is helping you manage the money in the pension fund.