occupational annuity is a kind of welfare for the staff of public institutions, which is a supplementary pension system established on the basis of paying social basic endowment insurance. Simply put, it is to increase the pension benefits of public institutions when they retire.
We all know that opportunity institutions began to pay social security in 214. Before that, only enterprises and flexible employees were paying, and social security integration brought opportunity institutions into the same social security payment system. However, it took a short time for the employees of opportunity institutions to pay social security, which was far less than that of the employees of enterprises. Therefore, they were given a ten-year transition period and began to pay occupational annuities for the employees of opportunity institutions, hoping to ensure that the pensions of the employees of opportunity institutions were too low when they retired, which would affect their quality of life.
Therefore, the occupational annuity began to be paid in 214, and its payment ratio is 8% for the unit and 4% for the individual, all of which are paid into the personal accounts of the personnel of the opportunity institution, so there is no such thing as paying!
when the employees of opportunity institutions retire, the occupational annuity will be calculated according to the standard time of pension payment, and will not be paid again once the occupational annuity is received. That is to say, the occupational annuity will end, while the pension can be received until the end of the retiree's life.
give an example to illustrate. Lao Wang retires at the age of 6, and his pension and occupational annuity are paid in 139 months. If the total occupational annuity of Lao Wang is 5, yuan, Lao Wang can receive 359.7 yuan per month. If Lao Wang is still alive after receiving it for 139 months, then from the 14th month, there will be only pension and no occupational annuity!
Therefore, there is always a time when the occupational annuity will end, while the pension has no such restriction, and it can continue to be collected until the retiree dies. Well, I will simply analyze it here, and hope my answer can help you. Share workplace knowledge, happy workplace life, thank you for clicking, commenting, dividing, transferring and receiving!
what are the occupational annuities of public institutions for? Why do they need to be turned in? The occupational annuity of public institutions was implemented according to the spirit of Document No.18 (215) issued by the State Council, namely the Notice of the General Office of the State Council on Printing and Distributing Occupational Annuities. Occupational annuity, as a supplementary pension insurance system for staff in government agencies and institutions, is compulsory, which is of great significance to improve the living standards of staff in government agencies and institutions after retirement.
from October 1st, 214, the staff of government agencies and institutions began to pay social insurance. Besides paying five insurances and one gold, they also need to pay occupational annuities in accordance with the provisions of the Occupational Annuities Measures. As a supplementary old-age insurance system, the occupational annuity is also paid by the employer and individual employees in proportion, in which the employer pays 8% and the individual pays 4%, which is withheld and remitted from my salary. The base of payment is the same as the base of social security payment, and both the unit payment and the individual payment are included in the personal account management. If it belongs to a unit with full financial allocation, the unit payment part is used as bookkeeping management, and the individual payment part belongs to real account management. For self-supporting institutions, the unit payment part is implemented with real account management. For bookkeeping management, the interest shall be calculated according to the bookkeeping rate announced by the state every year.
when I retire from the occupational annuity account managed by the company, the finance will allocate funds according to the accumulated storage amount of my occupational annuity account. Generally, occupational annuities cannot be withdrawn in advance, but those who participate in occupational annuities can be withdrawn in one lump sum if they go abroad and other factors. If they die, the funds in their occupational annuity accounts can be inherited by the legal heirs according to law. After retirement, I will receive not only the basic pension benefits, but also the occupational annuity. Occupational annuity can be collected in one lump sum, used to purchase commercial insurance, and the corresponding investment income can be collected monthly according to the agreement with the commercial insurance company. The monthly collection method is similar to the personal account pension, and the total amount of the personal occupational annuity account is divided by the corresponding number of months. For example, those who retire at the age of 6 will receive it according to 139 months, those who retire at the age of 55 will receive it according to 17 months, and they will not receive it after receiving the corresponding number of months. Once the collection method is selected, it is not allowed to change.
for your convenience, let me give you an example to illustrate. For example, if the total monthly salary of individuals in this unit is 5, yuan, then individuals need to pay 8% of old-age insurance, 2% of medical insurance, .5% of unemployment insurance, 4% of occupational annuity, and 5% to 12% of housing accumulation fund every month, and most institutions and institutions pay according to 12%. Therefore, it is necessary to deduct the old-age insurance 4 yuan, medical insurance 1 yuan, unemployment insurance 25 yuan, occupational annuity 2 yuan and housing provident fund 6 yuan every month. The total monthly deduction of five insurances and one gold and occupational annuity expenses is 1,325 yuan, and the actual salary is only 3,675 yuan. The funds included in the personal account for the old-age insurance are 4 yuan, and the lowest for the medical insurance is 1 yuan. According to the age structure, the proportion should be gradually increased. The housing accumulation fund is 1,2 yuan (including the unit contribution), and the occupational annuity is 6 yuan (including the unit contribution). If the occupational annuity is paid for 3 years, the occupational annuity in the personal account will be 216, yuan. If you retire at the age of 6, you can receive the occupational annuity of 1,554 yuan per month, and you will not receive it after 139 months. If payment is started simultaneously with pension insurance, the income of occupational annuity is higher than that of personal account pension, which is the advantage of paying occupational annuity.
to sum up, the occupational annuity of public institutions is a supplementary old-age insurance system for government agencies and institutions according to the provisions of the Occupational Annuity Measures. Its main purpose is to improve the living conditions of the staff of government agencies and institutions, and it is mandatory to pay. After payment, when you retire in the future, you can receive occupational annuities in addition to basic pensions.
Many people may have heard of the occupational annuity system, but they don't know what the occupational annuity is for. What is the so-called occupational annuity? Actually, the answer is this. Occupational annuity system is a supplementary old-age insurance mechanism
In October 214, the state promoted the reform of the old-age insurance system in government agencies and institutions, demanding the establishment of a socialist old-age insurance mechanism, instead of continuing to use the way of being supported by the state for life.
Actually, the biggest difference between them is the calculation mechanism of pension. Through the reform, the basic principles of retirement pension benefits will be to pay more, pay more for a long time, and determine the growth rate with the average social wage increase and price increase; In the past, however, the salary calculation model was based on the position, rank and position, and the pension was increased with reference to the salary of on-the-job employees.
In order to supplement the deficiency of pension benefits caused by basic pension and personal account pension, the state has specially established the occupational annuity system. In fact, as early as 1991, when the state established the reform of enterprise pension insurance system, it had already promoted state-owned enterprises to establish the supplementary pension insurance mechanism for enterprise annuities. Characteristics of the occupational annuity system
In 215, the state promulgated the Measures for Occupational Annuities in Institutions and Institutions, which made it clear that the payment of occupational annuities was mandatory. This is different from the enterprise annuity method, which is established by enterprises independently.
occupational annuities are implemented in the way of "combination of reality and reality". Personal deduction is implemented for occupational annuities every month. Many employees of government agencies and institutions found that after the implementation of the pension insurance system, in addition to withholding 8% of the pension insurance payment base, 4% of the payment base should be withheld as the personal part of the occupational annuity, and the employer should pay 8%.
this part paid by employees is accumulated in real accounts, and the part that should be paid by the employer is classified according to the unit. Units with full financial allocation shall adopt the bookkeeping method. When employees retire, transfer out, leave their jobs and other special circumstances, the financial allocation will be counted. This can effectively reduce the financial pressure. If it is a self-supporting institution, it needs to be paid on a monthly basis.
in the real account accumulation part, market-oriented investment operation is implemented, and interest is calculated according to the actual income. In the bookkeeping part, all provinces and cities uniformly announce the bookkeeping interest rate to record interest.
Occupational annuities are generally managed as a whole at the provincial level, and generally run in a large scale, with a high rate of return on investment, with an annualized rate of return of more than 4%. Receiving occupational annuity retirement benefits
occupational annuity and enterprise annuity retirement benefits are more strict. Enterprise annuity can be collected in one lump sum and multiple times when you retire, or you can buy commercial endowment insurance.
The occupational annuity can only be collected monthly, and the occupational annuity treatment is calculated according to the corresponding calculation months at the time of retirement; Or buy a commercial endowment insurance.
under the condition that inflation is not obvious, the occupational annuity treatment may provide 2%~3% of the pension treatment for retirees in government agencies and institutions in the future.
Therefore, the occupational annuity is still a very good treatment. In the future, with the improvement of the enterprise annuity system, more and more people may enjoy the annuity treatment.
this occupational annuity started on October 1st, 214, and it is necessary for the staff of government agencies and institutions to pay when they participate in the endowment insurance. It is a supplementary endowment insurance for the endowment insurance.
payment ratio, the individual pays 4% of his salary, and the unit pays 8% of this payment base, which is different from the individual occupational annuity account.
It is said that after the "integration" of old-age care, all government agencies, institutions and their personnel should participate in old-age insurance, and the payment standards and benefits are basically consistent with the basic medical insurance for urban workers. The replacement rate of this part of pensions (the proportion of on-the-job wages) will not exceed 6%, while the replacement rate of pensions for government agencies and institutions before the reform was 7% to 9%.
In order to ensure that the retirement benefits of these employees will not be reduced, occupational annuities will play a vital role. It is estimated that the replacement rate can be increased by more than 2 percentage points through investment and operation. Then, why should the occupational annuity be turned over?
after reading my answer, are you clear?
I am a government official who has worked for many years. I would like to talk about my personal views on the questions raised by the subject.
first of all, we must understand the fundamental attribute of occupational annuity, which is the supplementary insurance of the basic old-age insurance for urban workers that the staff of government agencies and institutions participate in, or it is directly called supplementary old-age insurance. In April 215, the General Office of the State Council issued the Measures for Occupational Pensions of Government Offices and Institutions, which shall be implemented as of October 1, 214. Its fundamental purpose is to establish a multi-level old-age insurance system. It is clear that the object of application of occupational annuity is: the official staff in the organization and institutions. There is no doubt that occupational annuity is a compulsory supplementary old-age insurance, and both units and individuals must participate.
at the same time, as the staff of government agencies and institutions, the main parts of the social insurance that the state forces them to participate in are: urban workers' old-age insurance, urban workers' medical insurance, and housing public funds, that is, "two insurances and one gold". On this basis, as a supplementary old-age insurance, occupational annuity; As a supplementary medical insurance, large medical insurance is actually the serious illness insurance for urban workers (as opposed to the serious illness insurance for urban and rural residents). There is no doubt that occupational annuities have been fully implemented in institutions and institutions.
secondly, let's talk about the supplementary endowment insurance that employees can participate in-enterprise annuity. Another annuity corresponding to occupational annuity is enterprise annuity, that is, supplementary endowment insurance independently established by enterprises. The administrative regulations jointly issued by the Ministry of Human Resources and Social Security and the Ministry of Finance, and the "Enterprise Annuity Measures" officially implemented from February 1, 218 are the most basic policy basis. Its fundamental purpose is to establish a multi-level old-age insurance system. Applicable object: various types of enterprises and their employees. For the establishment of enterprise annuity system, the state only encourages the establishment rather than compulsory establishment, that is to say, the establishment of enterprise annuity is decided by the enterprise and its employees through consultation, and the state does not enforce it.
it should be emphasized here that the basic contents of social insurance compulsory for enterprise employees are "five insurances and one fund", namely: urban employee pension insurance, urban employee medical insurance, unemployment insurance, work injury insurance, maternity insurance, plus housing accumulation fund. In addition, there are eight kinds of supplementary pension insurance-enterprise annuity-and supplementary medical insurance-that is, large medical insurance or serious illness insurance for urban workers.
Thirdly, what are the two kinds of annuities for? Why do you need to turn it in? Since both annuities are supplementary endowment insurance, the goal is to establish a multi-level endowment insurance system. The purpose of establishing occupational annuity and enterprise annuity is, of course, to establish another supplementary endowment insurance for employees by individuals and employers (institutions and enterprises respectively) according to the proportion stipulated by the policy (the individual bears 4% of his monthly salary and the employer bears 8%). When you retire, in addition to the statutory pension, you can also receive another annuity every month or once to ensure that employees have a stable and satisfactory living condition after retirement and improve their living standards and spending power.
as for why it needs to be turned in? In fact, the reason is very simple. That is to say, the state has issued specific policies, and the statutory administrative departments of pension insurance affairs-namely, the human and social departments of governments at all levels-implement supervision and management, and collect specific annuity funds and hand them over to commercial banks or commercial insurance companies for professional operation, and use fund investment to realize the preservation and appreciation of funds. That is, occupational annuity and enterprise annuity, like serious illness insurance, are handled by commercial banks and commercial insurance companies, and the Social Security Bureau does not directly manage them, so that's all. Therefore, whether it is an occupational annuity or an enterprise annuity, in essence, it has certain social insurance attributes and certain social welfare attributes, but it is definitely not commercial insurance.
finally, talk about the subsequent social effects of occupational annuity and enterprise annuity. Based on the above, it can be summarized as follows: occupational annuity and enterprise annuity are supplementary old-age insurance, and both individuals and employers pay the insurance, which is completely consistent. The difference is the employer: occupational annuity is applicable to the staff of government agencies and institutions, and their employer is the state, which is compulsory to participate in the insurance, and it has been fully implemented; The object of application of enterprise annuity is all kinds of enterprises and their employees, and the employer is of course an enterprise, which is not compulsory to participate in the insurance, and the current implementation rate is extremely low. The reason is also very simple: enterprise annuity will definitely lead to an increase in the labor cost of enterprises, leading to a decline in corporate profits or even bankruptcy, and eventually lead to the complete unemployment of some employees.