"balance payment" is a method for social insurance institutions to pay funds in the early stage of implementing social pooling of social insurance expenses. It is to withdraw funds according to the proportion stipulated by law, and when it is greater than the actual pension paid, the difference is greater than part, and the enterprise and unit will turn it over to the social insurance agency; When the fund withdrawn is less than the pension paid, the difference of less than part shall be allocated to the enterprise by the social insurance agency. In financial treatment, the "balance payment" is fully accounted for and the management service fee is fully extracted. The disadvantages of the implementation of the balance payment are as follows: 1. The "balance payment" is fully accounted for, and the original voucher procedures for the payment of funds are not legal. The financial department of the social insurance agency takes the bank documents or payment receipts of the difference and the original vouchers made by the business department as the basis for full accounting, which is not conducive to strengthening financial management. 2. Although the implementation of "balance payment" can alleviate the problem that enterprises are difficult to pay social insurance funds normally due to financial shortage, there are also problems that enterprises cannot pay retirement fees in full and on time after paying the balance of social insurance funds, and it is difficult to guarantee the normal life of retirees. 3, the implementation of "balance payment" is not conducive to social insurance agencies to carry out direct payment of retirement fees business. To this end, social insurance agencies at all levels should gradually shift from "balance payment" to full payment.