Will the personal account pension bookkeeping interest rate in 2025 be 1.5%? Is this true?

As is well known, since 2016, the accounting interest rate for the individual pension accounts of the nationwide employees’ basic pension insurance has been announced annually, used to calculate the interest on individual account pensions. The accounting interest rate for 2026 is 8.31%, for 2017 it was 7.12%, for 2018 it was 8.29%, for 2019 it was 7.61%, for 2020 it was 6.04%, for 2021 it was 6.69%, for 2022 it was 6.12%, for 2023 it was 3.97%, and for 2024 it was 2.62%. Before 2022, the accounting interest rate was above 6% every year. From 2023 to 2024, influenced by the broader economic environment such as bank deposit interest rates, the accounting interest rate saw a significant decline, falling below 4% in 2023 and below 3% in 2024. So, what will the accounting interest rate be in 2025?

Based on feedback from many netizens, the accounting interest rate for 2025 is estimated to be 1.5%. To verify the reliability of this data, I checked official websites from various regions, but I did not find any official information. In other words, as of now, the accounting interest rate for 2025 remains a rumor and has not been officially announced. However, considering the recent two-year trend of continuous decline in the accounting interest rate and the current state of bank deposit interest rates, it is possible that the rate for the employee pension personal account could fall below 2% this year. Therefore, a 1.5% accounting interest rate is plausible. Although we cannot fully trust that the information provided by netizens is completely accurate, the more people who say the rate is 1.5%, the closer the rumor gets to reality, because some netizens may be able to learn about the personal account accounting interest rate through local social security departments or personal account pension information.

Generally speaking, the government announces the accounting interest rate each year around the second half of the year. After the rate is announced, various regions will start calculating the interest for personal account pensions, including the interest for the previous year’s personal account pension and the interest for the newly deposited pension this year. The interest from the previous year is equivalent to fixed-term interest, while the newly deposited pension this year is equivalent to savings interest. The monthly accounting interest rate is obtained by dividing the accounting interest rate by 12.