For most people, talking about pensions is no stranger, but many people think that pensions seem to be a problem that only one card can solve.

But there are retirees from some public institutions and even some areas who have received two amounts of money. What is the reason behind this?

The reason why retirees from public institutions have two cards is because they can receive two amounts of money every month after retirement.

The first amount of money is our pension after retirement, which will be paid into our social security card on time every month; the second amount of money is our occupational annuity.

1. Pension after retirement.

Generally speaking, pensions for retirees from public institutions are higher than those for retirees from ordinary enterprises.

Because public institutions will pay more than enterprises in terms of payment base, payment proportion and years.

Therefore, the amount of pension they receive after retirement will be higher than that of ordinary employees.

Because my country’s pensions are mainly determined through the payment base, payment ratio, and payment years.

2. Occupational annuity.

Unlike pensions, pensions are indefinite.

What this means is that after the balance of our personal pension insurance account has been collected, we can continue to receive it as long as the person is still alive.

The treatment also remains unchanged.

The so-called occupational annuity means that after the amount in our personal account balance has been collected, we can no longer receive it.

The reason why two amounts of money will arrive in the account of pensions issued by public institutions is mainly because the two amounts of money are distributed through different channels.

One is issued by the social security fund, and the other is issued by the occupational pension fund, so there will be two cards.

Content summary.

Based on the above content, I believe many people understand the reason why pension funds are distributed in two amounts in some areas.

But after seeing this reason, many people in society began to make different voices.

Because this situation occurs because the post-retirement benefits of government agencies are higher than those of ordinary enterprise employees, many people will think this is unfair.