Enterprises and institutions shall, in accordance with the methods and standards stipulated by the relevant state policies, pay the enterprise annuity or occupational annuity paid by all employees of the unit, and when they are included in personal accounts, individuals will not pay personal income tax for the time being.

I. Occupational annuity

Occupational annuity refers to the supplementary old-age insurance system established by institutions and their staff on the basis of participating in the basic old-age insurance of institutions.

2. Is the occupational annuity taxable?

1。 The conditions for receiving the occupational annuity are to receive it in advance after retirement, or to receive it after the inheritance of the deceased family members before retirement;

2。 Like the housing provident fund, there is no tax problem.

In addition, 4% paid by individuals during their employment period is allowed to be deducted before tax.

China's enterprise annuity is a supplementary old-age security system, which is neither social insurance nor commercial insurance, but a unit welfare system. It is a security system established by public institutions and their employees according to their own economic conditions, and public institutions and their employees bear all risks arising from the implementation of the occupational annuity plan.

Calculation method of occupational annuity

The occupational annuity is divided into two parts, namely, the unit contribution part and the individual contribution part. The specific calculation method is as follows:

1, personal part = salary *4%.

1, unit part = salary * 8%;

When actually paid, the occupational annuity paid by the unit is 8% of the total salary of the unit, and the proportion paid by the individual is 4% of the salary.

For example:

Tribal tiger's monthly salary is 6000 yuan. Then the monthly annuity needs to be paid as follows:

Personal part =6000*4%=240 (yuan).

Unit part =6000*8%=480 (yuan).

Therefore, for Tribal Tiger, the monthly increase in annuity account is =240+480=720 (yuan).

Legal basis:

Article 8 of the Regulations for the Implementation of the Individual Income Tax Law of the People's Republic of China

Forms of personal income, including cash, physical objects, securities and other forms of economic benefits; If the income is in kind, the taxable income shall be calculated according to the price indicated on the obtained certificate. If there is no physical voucher or the price indicated on the voucher is obviously low, the taxable income shall be verified with reference to the market price; If the income is securities, the taxable income shall be verified according to the par price and market price; If the income is other forms of economic benefits, the taxable income should be verified with reference to the market price.