1. What is an enterprise annuity?
The Measures clarify that enterprise annuity refers to the supplementary endowment insurance system independently established by enterprises and their employees on the basis of participating in basic endowment insurance according to law. Other employers participating in the basic old-age insurance for enterprise employees and their employees to establish supplementary old-age insurance shall be implemented with reference to these measures.
The establishment of enterprise annuity is conducive to improving the employee compensation system, showing the good culture of the enterprise, enhancing the attraction of talents and stabilizing the workforce. Employees' participation in enterprise annuity is conducive to increasing pension accumulation on the basis of basic old-age insurance and further improving their income level and quality of life after retirement. Employers and their employees who have participated in the basic old-age insurance for enterprise employees may establish an enterprise annuity system.
Second, how to pay the expenses required for enterprise annuity
The "Measures" stipulate that the expenses required for enterprise annuity shall be jointly paid by enterprises and individual employees, and the fund shall be fully accumulated to establish a personal account for each employee who participates in enterprise annuity.
The annual contributions of enterprises shall not exceed 8% of the total wages of employees, and the total contributions of enterprises and employees shall not exceed 12% of the total wages of employees. The specific expenses shall be determined through consultation between the enterprise and the employees. Individual contributions of employees shall be withheld and remitted by enterprises from individual wages of employees. Regarding the ownership of enterprise annuity rights and interests, the Measures have also made corresponding provisions.
In practice, enterprise annuity schemes generally set rules for individual contributions and investment income of employees in their personal accounts, but some enterprise annuity schemes set rules that are not reasonable enough to protect employees' rights and interests.
Therefore, the "Measures" require that enterprise contributions should be included in the personal accounts of employee enterprise annuities according to the proportion and method determined by the enterprise annuity plan, and individual contributions of employees should be included in their personal accounts of enterprise annuities. According to the different positions, responsibilities and contributions of employees, enterprises can have certain differences in the distribution of enterprise contributions, reflecting the incentive effect of enterprise annuity; At the same time, we should also give consideration to fairness and control the gap. The maximum amount paid by an enterprise in the current period into the employee enterprise annuity personal account shall not exceed 5 times the average amount.
The "Measures" stipulate that the enterprise contributions and investment income in the personal accounts of employee enterprise annuities can be agreed with the employees to belong to the employees from the beginning, or they can be agreed to gradually belong to the employees with the increase of their working years in the enterprise, and the maximum period of completely belonging to the employees is not more than 8 years, and several exceptions are clarified.
3. Under what circumstances can I receive enterprise annuity treatment?
The "Measures" stipulate that when employees reach the retirement age stipulated by the state or completely lose their ability to work, they can receive enterprise annuities 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.
The funds in the personal account of enterprise annuity for people who have settled abroad can be paid to me in one lump sum according to my requirements. After the death of an employee or retiree, the personal account balance of the enterprise annuity can be inherited.
4. What are the ways to collect enterprise annuities?
It is basically consistent with the occupational annuity method and maintains appropriate flexibility, which is the characteristic of the way of receiving enterprise annuity benefits.
First, advocating monthly payment is conducive to playing the role of enterprise annuity long-term pension insurance.
Second, it is allowed to collect by stages, which is beneficial for retirees to choose the appropriate number of times according to the amount of funds in their personal account of enterprise annuity, combined with the personal income tax policy of enterprise annuity and their own needs.
The third is to retain the one-time collection method, which is more humanized and gives retirees more choices.
Fourth, you can buy commercial endowment insurance products to further enrich the supplementary endowment insurance methods.
Verb (abbreviation of verb) How to transfer the personal account of employee enterprise annuity?
In order to protect the rights and interests of migrant workers' enterprise annuities, the Measures added provisions on the transfer and continuation of occupational annuities on the basis of improving the provisions on the transfer of individual accounts of enterprise annuities. That is, when employees change their work units, if the new employment unit has established an enterprise (occupational) annuity, the rights and interests of the original enterprise annuity personal account will be transferred to the enterprise (occupational) annuity of the new employment unit;
If an enterprise (occupational) annuity has not been established in the new employment unit of employees, the original enterprise annuity personal account may be temporarily managed by the original management institution, or by the reserved account established by the collective plan initiated by the legal person trustee institution.
In addition, the "Measures" also clarified the transfer method of employee enterprise annuity personal accounts after the termination of the enterprise annuity plan.
6. Can the enterprise suspend payment?
The "Measures" clarify that enterprises can stop paying fees after consultation with employees in the case of operating losses, restructuring and mergers and acquisitions.
After the situation that payment cannot be continued disappears, enterprises and employees can resume payment, and they can pay back according to the actual situation of the enterprise and the enterprise annuity plan at the time of suspension of payment, and the period and amount of payment shall not exceed the period and amount of actual suspension.
Seeing this, do you still have doubts about "enterprise annuity"? Don't worry. Recently, the relevant person in charge of Ministry of Human Resources and Social Security made a detailed interpretation of the Enterprise Annuity Measures. Let's take a look together ~
7. What is the coverage of enterprise annuity?
The enterprise annuity method is mainly applicable to enterprises and their employees. The Measures stipulate that other employers and their employees who participate in the basic old-age insurance for enterprise employees shall establish supplementary old-age insurance with reference to these Measures. Therefore, employers and their employees who have participated in the basic old-age insurance for enterprise employees can establish an enterprise annuity system.
Eight, what form of enterprise annuity management model?
Accumulate the enterprise annuity in full, and establish an enterprise annuity personal account for each employee who participates in the enterprise annuity.
Employee enterprise annuity personal account is composed of enterprise payment sub-account and individual payment sub-account, which records the part of enterprise payment allocated to individuals and their investment income, as well as individual payment and investment income respectively.
The enterprise annuity fund shall be invested and operated in accordance with the relevant provisions of the state, and the income from investment and operation shall be included in the enterprise annuity fund.
What are the conditions and procedures for establishing an enterprise annuity?
Enterprises and employees who establish enterprise annuities shall participate in the basic old-age insurance and fulfill their payment obligations according to law, and enterprises have corresponding economic affordability.
Enterprises and employees decide to establish enterprise annuity through collective consultation, and then make enterprise annuity plan. The enterprise annuity plan shall be submitted to the workers' congress or the workers' congress for discussion and adoption, and submitted to the administrative department of human resources and social security at or above the county level.
X. What should be included in the enterprise annuity plan?
The enterprise annuity plan shall include the following contents: participants, the proportion and mode of fund raising and distribution, account management, ownership of rights and interests, fund management, income calculation and payment methods, modification and termination of the plan, organization management and supervision methods and other matters agreed by both parties.
Eleven, the enterprise annuity follows the principle of trust law.
After the enterprise annuity plan is put on record, the enterprise and its employees (collectively referred to as the principals) choose the enterprise annuity trustee (a legal person trustee institution conforming to the provisions of the state or an enterprise annuity Council established by the enterprise according to the provisions of the state), and the enterprise signs an entrustment management contract with the trustee on behalf of the principal.
After the signing of the entrusted management contract, the trustee shall entrust an account manager, an investment manager and a custodian who are qualified for enterprise annuity management to be responsible for the account management, investment operation and custody of the enterprise annuity fund.
The managers of enterprise annuity funds shall work together in accordance with the provisions of the state to realize the legal and compliant operation and the preservation and appreciation of enterprise annuity funds.
The above is the relevant information I have compiled for you. Through the above, we have a further understanding of these problems.