Core Viewpoint - The contributions made by employers to pension insurance do not enter individual accounts but are allocated to the pension insurance pooling fund [1] Summary by Relevant Sections - The basic pension insurance system combines social pooling and individual accounts as stipulated by the Social Insurance Law of the People's Republic of China [1] - Employers are required to pay basic pension insurance contributions, which are recorded in the basic pension insurance pooling fund to cover basic pensions and transitional pensions, reflecting social equity and mutual assistance [1] - Employees must also contribute to basic pension insurance, with their payments recorded in individual accounts, which are used to calculate personal account pensions, emphasizing the incentive mechanism of "more contributions lead to more benefits" and highlighting individual rights and responsibilities [1]

Core Viewpoint - The pension insurance contributions made by employers do not go into individual accounts but are instead allocated to the pension insurance pooling fund, as clarified by the Ministry of Human Resources and Social Security [1]. Summary by Relevant Sections - **Pension Insurance Contributions**: Employer contributions to pension insurance are recorded in the basic pension insurance pooling fund, which is used to pay basic pensions and transitional pensions, reflecting social equity and mutual assistance [1]. - **Individual Accounts**: Employees are required to contribute to their basic pension insurance, which is credited to their individual accounts. This system emphasizes the principle of "more contributions lead to more benefits," highlighting individual rights and responsibilities [1].