It should be Guofa [1991] No. 33, the State Council’s decision on the reform of the pension insurance system for enterprise employees. Guofa [1991] No. 33 The pension insurance system for enterprise employees in my country was established in the early 1950s. It was revised twice in 1978.

In recent years, various regions have adapted to the needs of economic system reform and have carried out reforms focusing on social pooling of retirement expenses, which have achieved certain results.

In accordance with the requirements of the Ten-Year Plan for National Economic and Social Development and the Outline of the Eighth Five-Year Plan, and on the basis of summarizing the experience of various places, the State Council has made the following decisions on the reform of the enterprise employee pension insurance system: 1. Based on the development level of my country’s productivity and the large population In addition, with the rapid development of aging, the reform of the enterprise employee pension insurance system must properly handle the relationship between national interests, collective interests and personal interests, current interests and long-term interests, overall interests and partial interests, and mainly adjust and improve the current system and methods. .

Taking into account the different situations of various regions and enterprises, the people's governments of various provinces, autonomous regions, and municipalities directly under the Central Government may make specific provisions on employee pension insurance in accordance with the unified national policies, allowing certain differences between different regions and enterprises.

2. With the development of the economy, a system combining basic pension insurance with enterprise supplementary pension insurance and employee personal savings pension insurance has been gradually established.

Change the method in which pension insurance is completely contracted by the state and enterprises. The state, enterprises, and individuals will jointly bear the burden, and individual employees must also pay certain fees.

3. The basic pension insurance fund shall be uniformly raised by the government based on the actual needs for payment of expenses and the affordability of enterprises and employees, and in accordance with the principle of revenue based on expenditure, slight surplus, and partial accumulation.

The specific withdrawal ratio and accumulation rate shall be determined by the people's governments of provinces, autonomous regions, and municipalities directly under the Central Government after actual calculations, and shall be reported to the State Council for filing.

4. The basic pension insurance premiums paid by enterprises and individual employees shall be recorded in the "Employee Pension Insurance Manual" respectively.

The basic pension insurance premium paid by the enterprise shall be withdrawn before tax according to the total salary of the enterprise's employees and the proportion specified by the local government, and shall be withheld by the bank where the enterprise has an account on a monthly basis.

If an enterprise fails to pay after the due date, late payment fees will be charged according to regulations.

Late payment fees are incorporated into the basic pension insurance fund.

Individual employees pay basic pension insurance premiums, which will be gradually implemented on the basis of salary adjustments. The payment standard may not exceed 3% of the individual's standard salary at the beginning and then gradually increase as the economy and employee wages adjust.

The basic pension insurance premiums paid by individual employees shall be collected by the enterprise when paying wages.

5. The basic pension insurance premiums paid by enterprises and individual employees are transferred to the "Special Pension Insurance Fund Account" opened by the social insurance management agency in the bank, and are stored and used exclusively for special purposes. No unit or individual may use it without authorization.

Banks should withdraw "unpaid interest payable" in accordance with regulations. For funds deposited in banks, interest will be calculated based on the deposit period according to the urban and rural residents' savings deposit rate for the same period prescribed by the People's Bank of China, and the interest earned will be incorporated into the fund.

Part of the accumulation fund can be used to purchase state bonds.

Local governments at all levels should establish pension insurance fund committees to implement guidance and supervision over the management of pension insurance funds.

The committee is chaired by the government leader, and is attended by responsible comrades from labor, finance, planning, auditing, banking, trade unions and other departments. The office is located in the labor department.

6. The basic pension calculation method for employees after retirement will not be changed at present. In the future, the amount of pensions can be gradually increased by increasing the proportion of standard wages in total wages in conjunction with the reform of the wage system.