What are the types of foreign pension insurance?

1. Traditional pension insurance. Represented by developed market economy countries such as the United States, Germany, and France, insurance targets are usually salaried workers, and pension insurance premiums are borne jointly by employers and employees. The level of benefits is medium. For example, the average basic pension replacement rate in the United States is about 43%. Its benefit payments are beneficial to low-income people.

2. Welfare pension insurance. Welfare-type pension insurance is represented by developed market economy countries such as the United Kingdom, Australia, Canada, and Japan. All retired citizens can receive a certain amount of pension from the government, and the required funds are paid by government taxes.

3. Hybrid pension insurance. The pension benefit of this insurance is usually higher than that of a general annuity, and the main funds come from the contributions of employers and employees and the investment income of the fund.

4. Foreign social pension insurance. Fees are paid by the employer, organized and implemented by foreign countries, workers participate in management, the treatment standards are unified, and the level of security is relatively high. Our country also adopted this kind of pension insurance system during the planned economy period. ?

The current situation of foreign pension insurance

1. Germany: The law stipulates "delayed retirement age"

The coalition government of the German Social Democratic Party and the Christian Democratic Union has already implemented this in January 2012 The bill to raise the age of retirees will be implemented from January 1st.

2. Finland: Encourage extension of working years

According to the new pension law, pensions are calculated with reference to the entire working life of employees. If a Finn starts working at the age of 20 and retires at the age of 52, he can receive a monthly pension benefit of 45.6% of his pre-retirement salary after retirement. If you retire at the age of 62, you can receive 60% of your pre-retirement salary every month after retirement. If you retire at the age of 67, you can receive 80.45% of your pre-retirement salary every month after retirement.

3. France: The pension system is fragmented

In France, the legal age to enjoy retirement pension benefits is 60 years old, but there are other regulations, and salaried persons must pay the full amount. Only 160 quarters of pension insurance premiums can be enjoyed. In other words, only if you work for a full 40 years starting from the age of 20, you can receive a full pension when you retire at the age of 60.

4. The United Kingdom: The reform timetable has been set

Since 2011, the age at which women in this country begin to receive pensions has increased by 1 year every two years, and will eventually reach the same age as men in 2020. Stay the same and increase to 65 years. Starting from 2020, the pension age for both men and women will be further increased. By 2026, 2036, and 2046, the starting ages for all pensions will be increased to 66, 67, and 68 respectively, increasing every 10 years. 1 year old.