It should be noted that different accounts have different functions. Personal pension accounts mainly provide information records, inquiries and services for the insured, while personal pension fund accounts are mainly used for payment, product purchase and income collection. At present, Chengdu is the pilot city of individual pension, which means that Chengdu residents in Sichuan can participate in individual pension as soon as possible in the future.
To participate in the personal pension system, you can choose bank financing, savings deposit, commercial pension insurance, Public Offering of Fund, etc. According to the participants' own preferences, they can also be combined in short-term, medium-term and long-term. These operations can be completed in the fund account, and there is no need to run multiple departments and institutions. When the participants meet the conditions for receiving letters, they can choose to receive letters monthly, by stages or at one time. Commercial banks will transfer personal account funds into the personal social security card bank account of the insured according to individual choice. Under special circumstances, such as total loss of working ability, going abroad to settle down, etc. , you can also receive.
In short, the personal pension system can help individuals plan their pension funds reasonably, and they can participate in personal pension fairly as long as they have the will, no matter what form of employment.