The accounting principal of endowment insurance is the payment amount of endowment insurance, with interest. The total amount of the two is the total amount of the pension insurance account. The principal of personal account in endowment insurance is the amount of endowment insurance paid by you personally. 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. Type of endowment insurance: 1. As urban workers, middle-aged and elderly people can participate in the payment of basic old-age insurance for urban workers. The basic old-age insurance for employees refers to a kind of social security that the state raises funds through various channels through legislation, and gives economic compensation to workers when their labor income is reduced or lost in their old age, so that they can enjoy basic living security. China Merchants Bank Insurance reminds that the proportion of employees' basic endowment insurance payment is: employees pay 20% and employees bear 8%. The payment period is 15 years. 2. Middle-aged and elderly people as urban residents. Can participate in the payment of urban residents' social endowment insurance: the urban residents' endowment insurance fund is mainly composed of individual contributions and government subsidies, and is suitable for urban residents who have not participated in the work or the basic endowment insurance for employees. Insured people choose their own grades to pay, and pay more. 3. Middle-aged and elderly people as rural hukou. You can participate in the new agricultural insurance system: the "new agricultural insurance" system is another important decision of the central government to benefit farmers. Insured farmers can enjoy pension benefits when they reach the age of 60, which is an important guarantee system for farmers' pension. The "new rural insurance" fund consists of individual contributions, collective subsidies and government subsidies. In terms of individual contributions, the counties are slightly different according to the actual situation, and they are basically divided into five grades: 100 yuan, 200 yuan, 300 yuan, 400 yuan and 500 yuan, which are paid by the insured. Government subsidies shall be borne by the financial departments at or above the county level.