A model that combines social planning with personal accounts.

Pension insurance has a certain operating model in our country, which is mainly divided into two parts, that is, the combination of social pooling and personal accounts. The amount in the personal account belongs to personal property, and the social pooling part cannot be withdrawn.

The emergence and development of pension insurance are closely integrated with the country's politics, economy and social culture. It is a product of socialized large-scale production and a symbol of social progress.

At present, countries in the world that implement pension insurance systems can be divided into three types, namely insurance-funded (also called traditional) pension insurance, compulsory savings-type pension insurance (also called provident fund model) and state-coordinated pension insurance.

In addition, based on China's specific national conditions, our country has creatively implemented a basic pension insurance reform model that "combines social pooling and personal accounts". After five years of exploration and improvement, it has gradually matured.

As time goes by, this model will surely become an increasingly influential basic type in the history of world pension insurance development.

Legal basis: "Social Insurance Law"_Article 10 Employees shall participate in basic pension insurance, and the employer and employee *** shall jointly pay the basic pension insurance premiums.

Individual industrial and commercial households without employees, part-time employees who have not participated in basic pension insurance in the employer, and other flexible employment personnel can participate in basic pension insurance, and the basic pension insurance premiums are paid by individuals.

The measures for pension insurance for civil servants and staff managed with reference to the Civil Servant Law shall be prescribed by the State Council.

Article 11 Basic pension insurance shall be implemented through the combination of social pooling and personal accounts.

The basic pension insurance fund is composed of employer and individual contributions and government subsidies.