Individual contributions to pension insurance began in October 1992.

Establish basic pension insurance personal accounts for employees based on 11% of their own wages. All personal contributions will be credited to the personal account, and the rest will be transferred from corporate contributions.

As the proportion of individual contributions increases, the portion contributed by enterprises will gradually be reduced to 3%.

Interest on the deposit amount in a personal account is calculated annually with reference to the bank's deposit interest rate for the same period.

The savings in personal accounts are only used for employee pensions and cannot be withdrawn in advance.

When an employee is transferred, all personal accounts are transferred with him.

When an employee or retiree dies, the personal contribution portion of the personal account can be inherited.

Employees who have started working after the implementation of this decision and whose personal contribution years have accumulated for 15 years will be paid a basic pension on a monthly basis after retirement.

Basic pension consists of basic pension and personal account pension.

The monthly basic pension standard at the time of retirement is 20% of the average monthly salary of employees in the province, autonomous region, municipality or prefecture (city) in the previous year, and the monthly personal account pension standard is the amount saved in the personal account divided by 120.

If the cumulative contribution years of an individual are less than 15 years, he will not enjoy basic pension benefits after retirement, and the amount saved in his personal account will be paid to him/her in one lump sum.

Occupational annuity refers to the supplementary pension insurance system established by government agencies and institutions and their staff on the basis of participating in the basic pension insurance of government agencies and institutions.

China's occupational annuity is a supplementary pension security system. It is neither social insurance nor commercial insurance, but a unit welfare system. It is a security system established by public institutions and their employees based on their own economic conditions. Public institutions and their employees

Bear all risks arising from the implementation of the occupational pension plan.

According to the calculation method, occupational annuity can be divided into two basic models: benefit determination and payment determination, namely DB and DC models. Foreign public employees implement the DB model, and the supplementary insurance of enterprises is enterprise annuity, which is mainly composed of the DB at the beginning.

The model has gradually transformed into the DC model. Since the 21st century, the DC model has surpassed the DB model.

Occupational annuities are divided into pay-as-you-go type, fund accumulation type and partial accumulation type according to the method of fund raising.

Pension insurance for public employees is generally a pay-as-you-go type, while pension insurance for enterprise employees is mainly a fully-accumulated type, while some countries implement a partially-accumulated type.

How to go through the procedures for resigning staff of a public institution 1. Application for resignation (apply to the competent department); the application content must meet the conditions for resignation; 2. Approval (signed by the person in charge of the competent department); 3. Transfer of work (to the unit,

The successor arranged by the company hands over the work and materials at hand); and passes the review and approval; signs the transfer list (handled by the work unit) 4. Handles social security, medical insurance transfer procedures and unemployment procedures (handled by the Social Security Bureau); 5. If in the company

Or accommodation in the unit; you need to go through the factory departure procedures.

Obtain release approval; 6. For confidential departments and positions of the company or unit, a post-resignation confidentiality agreement must be signed; 7. Settlement of wages and severance benefits (handled by the financial department and human resources department); 8. Choose the appropriate resignation,

Parting form; 9. State agencies and units also need to go through the procedures for transferring personnel files; generally, employees with household registration, high education, and high professional titles generally transfer their personnel files to the talent market.

Is it legal for public institutions not to resign? Is it illegal for public institutions not to resign?

Workers have the right to make their own choices.

According to relevant legal provisions, an employee may terminate the labor contract by notifying the employer in writing 30 days in advance.

If the employee resigns and the employer does not approve it, the employee can mail a resignation letter to the employer by express delivery, keep the express delivery details and make a copy of the resignation letter. After the resignation expires, the employee can request the employer to pay his salary and

Handle resignation procedures for them.

According to the law, the State Council issued the "Decision on the Reform of the Pension Insurance System for Staff of Government Institutions and Public Institutions" to reform the pension insurance system for staff of government agencies and public institutions; at the same time, it was decided to uniformly raise the minimum standard of the basic pension insurance for urban and rural residents nationwide, and once again raise the minimum standard.

National basic pension standards for enterprise retirees.