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Salary adjustment of PetroChina
Legal analysis: According to the spirit of relevant documents in the State Council, the salaries of staff in government agencies and institutions were adjusted from 20 14 10, and the endowment insurance system of government agencies and institutions was reformed. Before the implementation plan of endowment insurance for provincial organs and institutions is issued, according to the relevant policies and regulations of the provincial government, retirees after 20 14 10 1 can go through the retirement formalities in time according to the current retirement policy and pay the corresponding retirement benefits according to the standard before the salary increase.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Thirteenth employees of state-owned enterprises and institutions to participate in the basic old-age insurance, the basic old-age insurance premiums payable during the payment period shall be borne by the government. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.