Conditions for receiving enterprise annuity:
1. When employees reach the retirement age stipulated by the state or completely lose their ability to work, they can receive the enterprise annuity from their personal accounts on a monthly basis, in installments or at one time, or they can purchase commercial endowment insurance products with all or part of the funds in their personal accounts, receive treatment according to the insurance contract and enjoy the corresponding inheritance rights;
2. The enterprise annuity personal account funds of the personnel who settle abroad can be paid to me in one lump sum according to my requirements;
3. After the death of employees or retirees, the personal account balance of enterprise annuity can be inherited.
Extended data:
Enterprise annuity: Enterprise annuity refers to the supplementary old-age insurance system independently established by enterprises and their employees on the basis of participating in the basic old-age insurance according to law. The state encourages enterprises to establish enterprise annuities.
Enterprise annuity is an important supplement to the national basic old-age insurance, and it is the "second pillar" to improve the old-age insurance system for urban workers in China (consisting of basic old-age insurance, enterprise annuity and personal savings old-age insurance). In countries with modern social insurance system, enterprise annuity has become a common supplementary pension plan for enterprises, also known as "enterprise annuity plan" or "occupational annuity plan", and has become an important part of the old-age insurance system in the host country.
Conditions for employees to participate in enterprise annuity:
1. enter into a labor contract with this unit, and the probation period expires;
2, according to the law to participate in the basic old-age insurance for enterprise employees and fulfill the payment obligations.
Operation mode:
Enterprise annuity is divided into two types: payment determination (also called DC plan) and treatment determination (also called DB plan).
1, payment of annuity
Through the establishment of personal accounts, enterprises and employees pay insurance premiums regularly according to a certain proportion (employees can choose to pay the proportion or apply to give up joining the enterprise annuity plan), and the level of enterprise annuity when employees retire depends on the scale of capital accumulation and its investment income.
Basic characteristics of annuity payment:
(1) is simple and transparent;
(2) The payment level can be appropriately adjusted according to the economic situation of the enterprise;
(three) the insurance premiums paid by enterprises and employees are tax-free, and their investment income is tax-free;
(4) Employees bear the relevant investment risks, and enterprises do not bear the obligation to pay insurance benefits other than regular payment in principle.
2. Treatment annuity (also known as defined pension plan)
It means that the payment is uncertain, no matter how much it is paid, the treatment of employees when they retire is certain. When employees retire, according to the length of working years in the enterprise, they receive a pension equivalent to a certain proportion of their salary income during their employment. When employees who participate in DB plan retire, the pension benefits they receive are related to their wages and working years. Calculation formula: employee pension = average salary for several years × coefficient × working years. (The average salary for several years is the base for calculating the pension, which can be 1 year pre-retirement salary or 2-5 years average salary; The coefficient is determined according to the length of working years).
Basic characteristics of treatment annuity:
(1) Ensure employees to obtain stable enterprise annuities by determining a certain income replacement rate;
(2) The scale and level of fund accumulation are adjusted with the increase of wages;
(3) The enterprise bears the risk of fluctuation of enterprise annuity income caused by unpredictable social and economic changes;
(4) Generally speaking, they are qualified and qualified, and most of them must be more than 65,438+00 years. If they can't meet the requirements, they can't enjoy it. In line with the conditions, there are provisions on the minimum and maximum amount of pension that can be enjoyed every year;
(5) The pension in this plan cannot be withdrawn by employees before retirement, nor can it be transferred after mobility. Those who die before or after retirement will no longer be provided to their families, but a certain amount of one-time pension will be paid to their families.
Baidu encyclopedia-enterprise annuity