The industrial and commercial personal pension account is used to record the basic old-age insurance premium paid by the insured and the basic old-age insurance premium transferred by the unit, as well as the interest of the above two parts. It is the main basis for the insured to receive personal account related treatment when going through retirement procedures, transferring across the overall scope, surrendering before retirement, leaving the country to settle down before retirement or terminating the basic pension relationship after death. The employee's basic old-age insurance co-ordination account, the unit pays 20% of the payment base (my average salary in the previous year) every month, and enters the social co-ordination account for issuing pensions to retirees. After you retire, the pension will be calculated according to your payment base and years. At present, there are differences in the proportion of individual contributions between employee pension insurance and flexible employment pension insurance, but the proportion of individual accounts is the same, which is 8% of the client's contribution base; In terms of employee pension insurance, the company's contributions are all included in the overall fund, and individual contributions (8% of the payment base) are all included in the personal account; In terms of endowment insurance for flexible employees, the proportion of individual contributions in the country is 20%, of which 8% goes into individual accounts; The remaining 12% is included in the overall fund.