Enterprise annuity belongs to one of enterprise welfare, which refers to the supplementary endowment insurance system independently established by enterprises and their employees on the basis of participating in basic endowment insurance according to law. Enterprises and employees who have participated in the basic old-age insurance for enterprise employees may establish an enterprise annuity system.
Enterprise contributions are included in the personal account of employee enterprise annuity according to the proportion and method determined by the enterprise annuity plan, and individual contributions of employees are included in my personal account of enterprise annuity. According to the different positions, responsibilities and contributions of employees, enterprises can have certain differences in the distribution of enterprise contributions, reflecting the incentive effect of enterprise annuity; At the same time, we should also give consideration to fairness and control the gap. The maximum amount paid by an enterprise in the current period into the employee enterprise annuity personal account shall not exceed 5 times the average amount.
To sum up, after having an enterprise annuity, you can get relevant treatment after retirement. In fact, this enterprise annuity is like a supplementary pension, because it can get some extra benefits on the basis of our social security pension.
Legal basis:
measures for the management of enterprise annuity fund
Article 24
Meet one of the following conditions, can receive an enterprise annuity:
1. When employees reach the retirement age stipulated by the state or completely lose their ability to work, they can receive the enterprise annuity from their personal accounts on a monthly basis, in installments or at one time, or they can purchase commercial endowment insurance products with all or part of the funds in their personal accounts, receive treatment according to the insurance contract and enjoy the corresponding inheritance rights;
2. The enterprise annuity personal account funds of the personnel who settle abroad can be paid to me in one lump sum according to my requirements;
3. After the death of employees or retirees, the personal account balance of enterprise annuity can be inherited.