Pension insurance individual accounts and pooled accounts are two important components of the pension insurance fund.

1. Personal account: refers to the personal savings account under the pension insurance system. It is a part of the pension insurance premiums paid by individuals and units respectively, and is used for the accumulation of personal pensions and personal account management expenses.

The funds in personal accounts are managed uniformly by the state and calculated by the Social Security Fund. The investment income of personal account funds belongs to the individual.

2. Co-ordination account: refers to the fund account under the pension insurance system, which is composed of state financial appropriations, social insurance funds and other funds.

The pooling account is used to pay various pension insurance benefits, such as basic pensions, retirement pensions, etc., and can also be used for the management, operation and development of the pension insurance system.

The relationship between the two accounts is that the personal account is part of the pension insurance premiums paid by individuals and is used for the accumulation of personal pensions; while the pooled account is composed of funds from all parties and is used to pay various

Pension insurance benefits.

In the pension insurance system, the funds in the two accounts are independent of each other, but they are also interrelated, and both constitute the source and use of the pension insurance funds.