Generally speaking, personal accounts will not be fully collected, and even if they are fully collected, there will be social pooling funds to cover the bottom line. Employees who encounter such problems need not worry.

Retirement pension consists of two parts: basic pension and personal account pension.

After an employee retires, the payment status of his or her personal account will stop being recorded, and the balance of the personal account after the monthly payment of the personal account pension will continue to accrue interest. According to relevant regulations, personal account pension is the amount saved in the personal account divided by 120, and is calculated on a monthly basis.

The "Notice of the State Council on Deepening the Reform of the Pension Insurance System for Enterprise Employees" (Guofa [1995] No. 6) stipulates that after employees retire, when the deposit amount of the basic pension insurance personal account has been collected, by The social pooling fund will continue to pay according to the prescribed standards until his death.

Employees must meet three conditions to receive basic pensions on a monthly basis:

1. Reach the legal retirement age and have gone through the retirement procedures.

2. The employer and individual have participated in pensions in accordance with the law and fulfilled their pension payment obligations.

3. Individual payment must be made for at least 15 years (the payment period during the transition period includes the deemed payment period). At present, the legal retirement age for enterprise employees in my country is: 60 years old for male employees; 55 years old for female employees engaged in management and scientific research; 50 years old for female employees engaged in production and auxiliary work, and 50 years old for freelancers and self-employed women. 55 years old.