I believe this move is based on the actual needs of our country. It is revitalizing China's current pension system and adding an extra layer of protection to the people.
However, there are many voices of distrust about this new system. Some people say that saving money is not free, so I might as well deposit it in the bank myself. Some people worry that the money is collected for future retirement.
However, I think this is really a good thing that benefits the country and the people. There is absolutely no harm if you can participate as much as possible.
Oh, by the way, I forgot to introduce the personal pension system. It's actually quite understandable. In addition to social security for the elderly, the state encourages everyone to pay their own money and save another sum of money. After retirement, they can receive two pensions.
The specific contents of the individual pension in the Opinions are as follows:
Coverage: Employees who participate in the basic old-age insurance for urban workers or the basic old-age insurance for urban and rural residents in China can participate in the individual old-age insurance system;
Subject of payment: individual payment, voluntary participation;
Payment amount: the annual personal payment limit is 12000 yuan, which will be adjusted appropriately in the later period;
Collection method: after reaching the age of collection, you can receive personal pension on a monthly, phased or one-time basis, and the collection method cannot be changed once it is determined;
Fund investment: Participants can choose to subscribe for qualified financial products such as bank wealth management, savings deposits, commercial endowment insurance and Public Offering of Fund with the funds in their pension accounts.
The "personal pension system" is actually led by the state, helping us to save our pension. What's the difference between it and social security pension?
Social security pension: divided into overall planning and individual accounts. Except for personal accounts, the money in the overall account is everyone's money.
Personal pension: all the money in it is paid by oneself, but it is managed by the state in a unified way, so the security is no problem.
To put it bluntly, the social security pension is provided by the state, and the personal pension system depends entirely on its own money.
Why is it worth attending? Because the characteristics of the individual pension system are also its greatest advantages: compulsory savings, closed operation, and no early withdrawal. In other words, the money belongs entirely to your pension. Does this add a hard guarantee to our pension?
You might say, I can save my own money for my old age. Yes, people with a sense of providing for the aged will choose various ways to save their pension, such as saving money, buying insurance, buying funds and so on. But you should know that there are still many people who are not ready to provide for the aged. The country now has a policy, and the safety factor of the individual pension system is very high. Because the state comes forward to make investment and compulsory supervision, it can completely avoid various problems such as illegal fund-raising and running away.
In addition, the individual pension system also has tax incentives. The annual ceiling of 12000 yuan seems limited at present, but will it be raised in the future? Not impossible. Moreover, the upper limit of 12000 yuan can prevent high-income groups from reducing taxes by paying personal pensions to a certain extent, which is fair to the people.
In fact, the promotion of this system by the state is well thought out. Now all kinds of practical problems are in front of us, and we must find a way. For example, the working population is getting smaller and smaller, and who will support those who retire in the future? There are more and more old people, and they can't afford it. Therefore, as the third pillar of the pension system, this system is absolutely positive.
Relevant data of the seventh national census bulletin
Our country's pension system has three pillars, the first is basic pension insurance, the second is enterprise and occupational annuity, and the third is individual pension insurance. Once the individual pension insurance system is really developed, it will certainly alleviate the pressure of the first pillar of pension and provide us with more investment channels.
The personal pension system is definitely a new thing, and it is understandable that everyone understands deposits. But in essence, this money can be used not only for compulsory savings, but also for realizing the appreciation of personal assets through national endorsement, thus alleviating the dilemma of providing for the aged in the future.
Therefore, if you have the conditions, you can really participate in the personal pension plan. If you are worried about the quality of life of the elderly, you can also take a multi-pronged approach, and commercial endowment insurance can also come.