About endowment insurance.
Social security includes: medical insurance, endowment insurance, unemployment insurance, maternity insurance and industrial injury insurance.
Today, we will directly enjoy one of the insurance types of welfare: endowment insurance.
0 1
The meaning of endowment insurance
1 Endowment insurance is an important part of the social security system and one of the five most important social insurances.
Pension, also known as pension and retirement fee, is the most important social pension insurance treatment. That is to say, the relevant state documents stipulate that the monthly or lump-sum payment of insurance benefits in the form of "money" is the need to benefit the society and is mainly used to protect the basic living needs of employees after retirement according to their contributions to society and their qualifications or retirement conditions.
Endowment insurance is a system that provides basic living security. The basic old-age insurance combines social pooling with individual accounts.
Reach the national legal retirement age, 60 years old for men, 50 years old for women and 55 years old for women in public institutions. The pension insurance payment must be at least 15 years, and you can get a pension after retirement.
02
What is the difference between urban workers' pension, government institutions' pension and urban and rural residents' pension?
1 employees of ordinary enterprises: 8% of salary is paid by ordinary individuals, 14%-20% is paid by enterprises for employees.
2 urban and rural residents pay: only pay 8% of the part, pay less and get less.
3. Enterprises and institutions: The dual-track pension system was once implemented, that is, enterprises and institutions can receive pensions after retirement without paying endowment insurance. The amount of pension received depends on the position and title. The price difference of the first-class professional title may be more than 1 1,000 yuan.
02
Although China's pensions are now merged, the pension gap between state-owned enterprises and ordinary enterprises is still very large. There is also a big difference.
The payment base of 1 is different: before the social security reform this year, many enterprises mostly paid endowment insurance for their employees according to the minimum wage, and the level of endowment insurance you paid directly determined your pension level. The contribution base of enterprise employees determines the red part and affects the amount of pension you receive.
Enterprises and institutions will buy annuities for their employees, which most ordinary enterprises and individuals do not have.
03
Payment base
1 The proportion of basic old-age insurance premiums paid by enterprises generally does not exceed 20% of the total wages of enterprises, and the specific proportion shall be determined by provinces, autonomous regions and municipalities directly under the Central Government. A few provinces, autonomous regions and municipalities directly under the Central Government should report to the Ministry of Labor and Social Security and the Ministry of Finance for approval if it is really necessary to exceed 20% of the total wages of enterprises because of the large number of retirees and the heavy burden of old-age insurance.
2. The proportion of individuals paying the basic old-age insurance premium should gradually reach 8% of their paid wages. Individual industrial and commercial households and freelancers are responsible for their own payment, and the payment ratio is generally 18%. The payment base can be selected between 60% and 300% of the average salary of local employees.
3. The approved payment base is based on the average social wage of employees in this region in the previous year.
04
Main categories
1 Individuals need old-age insurance:
1. A kind of personal insurance with urban and rural residents as the insurance object. All urban and rural residents who are 16 years old, healthy and have the ability to work or work normally can apply to the insurance company for insurance.
B the insurance period of individual endowment insurance includes the insurance premium payment period and the pension amount withdrawal period. The insurance premium payment period begins when the insured goes through the insurance formalities and pays the first premium, and ends when the agreed payment period expires; Pensions are collected from the month following the expiration of the payment period agreed by the insured until the insurer's insurance liability is terminated.
C. The insurance contract of individual pension insurance bears the following insurance responsibilities to the insured: during the pension period, the insured can get a fixed annuity of 65,438+00 years. If the insured dies during the fixed annuity period, the beneficiary (the legal heir if no beneficiary is specified) can continue to receive 65,438+00 years, and the insurance liability is terminated; If the insured is still alive after receiving the 10 fixed annuity, he can continue to receive the pension until his death, and the insurance liability is terminated; If the insured dies within the insurance payment period, he can receive the death surrender money according to the regulations, and the insurance liability is terminated.
2. Social endowment insurance:
A, the social endowment insurance system is a social security system that the state sets age limits according to people's physique and labor resources. When workers reach this age limit, they lose the working ability of the elderly and relieve their labor obligations. The state and society provide material help to ensure their basic life in their later years.
B. Social endowment insurance is a common social insurance system, which generally has the following characteristics: it is enforced by national legislation, and both enterprises and individuals must participate.
C, the national pension insurance and social insurance bureau symposium, people who meet the conditions for receiving pensions can receive pensions from the social insurance department; Because of its strong sociality, great influence, large number of people enjoying it for a long time and huge cost, it is necessary to set up special institutions to implement unified planning and management of modernization, specialization and socialization.
3. Basic old-age insurance
The basic old-age insurance is a social insurance system established and implemented by the state according to laws and regulations. Under this system, employers and workers must pay endowment insurance premiums according to law. After workers reach the retirement age stipulated by the state or quit their jobs for other reasons, social insurance agencies shall pay them pensions and other benefits according to law to ensure their basic livelihood. Basic old-age insurance, unemployment insurance, basic medical insurance, industrial injury insurance, maternity insurance, etc. * * * together constitute the modern social insurance system, and it is one of the most important types of insurance in the social insurance system.
05
Social master plan
1 Social insurance agencies set up individual accounts for basic old-age insurance for employees according to the amount of 1 1% of my salary, and all the individual contributions are credited to the individual accounts, and the rest are included in the enterprise contributions. With the increase in the proportion of individual contributions, the proportion of corporate contributions has gradually decreased to 3%.
2. The amount of personal account storage is calculated with reference to the interest rate of bank deposits in the same period of each year. Personal account storage is only used for employee pension, and may not be withdrawn in advance. When employees are transferred, all personal accounts will be transferred.
3. If an employee or retiree dies, the individual contributions in the personal account can be inherited. Enterprise contributions are all included in the social pooling fund except personal accounts.
06
Pension benefits
1 Employees who have joined the work after implementing the old-age insurance system of "social pooling combined with individual accounts" and whose individual contribution years have accumulated to 15 years will be paid a basic pension on a monthly basis after retirement.
Basic pension consists of basic pension and personal account pension. At the time of retirement, the monthly standard of basic pension is 20% of the average monthly salary of employees in provinces, autonomous regions, municipalities directly under the central government or cities with separate plans in the previous year, and the monthly standard of personal account pension is the amount stored in my personal account divided by 120.
If the individual payment period is less than 15 years, he will not enjoy the basic pension treatment after retirement, and the amount stored in his personal account will be paid to him in one lump sum.
People who have retired before the implementation of the "social pooling and individual accounts" pension insurance system will still be given pensions according to the original provisions of the state, and the pension adjustment measures will be implemented at the same time.
5. For those who take part in the work before the implementation of the "social pooling combined with individual accounts" old-age insurance system and retire after the implementation, the transitional pension shall be determined on the basis of the basic pension and individual account pension according to the principle of balanced connection between the old and new methods and basically balanced treatment level.