I. Adjustment of social security contributions
The social security payment policy can be adjusted according to the country's economic situation and the operation of social security funds. When the payment ratio or payment base changes, the balance of the insured's social security account will be affected accordingly. For example, as the proportion of contributions increases, individuals and units need to pay more social security fees, resulting in a decrease in the balance of social security accounts.
Two. Payment of social security benefits
The funds in the social security account are mainly used to pay the social security benefits of the insured, such as pension and Medicaid. When the insured person begins to enjoy these benefits, the balance of the social security account will decrease accordingly. This is part of the normal operation of the social security system, which embodies the social security function of the social security system.
Three. Changes or errors in personal information
Sometimes, the decrease of social security account balance may be caused by changes or errors in personal information. For example, changes in key information such as the insured's age and salary, or input errors may affect the accuracy of social security contributions and treatment payments, resulting in a decrease in the balance of social security accounts.
Four, the management of social security funds
The management and operation of social security funds may also affect the balance of social security accounts. If the social security fund is poorly managed, there may be problems such as illegal operation or capital loss, which may lead to a decrease in the balance of the social security account. In addition, the investment income of social security fund is also an important factor affecting the account balance. If the investment income is not good, it will also have a negative impact on the account balance.
To sum up:
The decrease of social security account balance may be caused by many reasons, such as the adjustment of social security payment, the payment of social security benefits, the change or error of personal information, and the management problems of social security funds. Insured personnel should pay attention to their social security accounts, inquire about personal information and payment records in time, and ensure the accuracy of the balance of social security accounts. At the same time, the state should also strengthen the management and operation of social security funds to ensure the stable operation of the social security system.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 12 stipulates:
The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.
People's Republic of China (PRC) social insurance law
Article 63 provides that:
If the employer fails to pay social insurance premiums in full and on time, the social insurance collection agency shall order it to pay or make up within a time limit. If the employer fails to pay or repay the social insurance premium within the time limit, the social insurance collection agency may inquire about its deposit account in banks and other financial institutions; And can apply to the relevant administrative departments at or above the county level to make a decision on the allocation of social insurance premiums, and notify their bank or other financial institutions in writing to allocate social insurance premiums. If the balance of the employer's account is less than the social insurance premium that should be paid, the social insurance collection agency may require the employer to provide guarantee and sign a deferred payment agreement.