The Measures for the Implementation of the Basic Old-age Insurance for Enterprise Employees in Jiangsu Province clarifies the specific implementation rules of the old-age insurance system, stipulates the standards and methods for the calculation and payment of basic pensions, and also makes specific provisions on payment, investment management and insurance benefits.

According to the provisions of the state and Jiangsu Province on the old-age insurance system, combined with the actual situation of this province, the Measures for the Implementation of the Basic Old-age Insurance for Enterprise Employees in Jiangsu Province are formulated. The measures stipulate that all employers in Jiangsu Province should participate in the basic old-age insurance for employees in accordance with national and provincial regulations, and pay social insurance premiums in full and on time. In addition, the method also stipulates the calculation method and payment standard of pension. According to the regulations, the accumulated payment period and the average monthly salary of employees are two core elements in calculating the pension. At present, Jiangsu Province has realized "monthly pension" and adjusted it according to price changes. In addition, Jiangsu Province entrusts the endowment insurance fund to professional institutions for investment management to ensure the safety and steady appreciation of the fund. At the same time, in order to protect the rights and interests of the insured workers, the Measures also stipulate various pension insurance treatment standards and payment methods. For example, it stipulates various insurance treatment standards and related procedures in the case of retirement, illness and death.

What fees should I pay for the endowment insurance for enterprise employees? The endowment insurance for enterprise employees is mainly paid by enterprises and individuals. According to the relevant national policies and regulations, enterprises should pay social insurance premiums for employees according to a certain proportion of their total wages, and employees also need to pay personal social security fees according to regulations. Specific rates and payment ratios can be inquired according to specific local policies and regulations.

The promulgation and implementation of the Measures for the Implementation of Basic Old-age Insurance for Enterprise Employees in Jiangsu Province has provided strong old-age security for enterprise employees in Jiangsu Province. At the same time, the law provides adequate and reasonable institutional arrangements and management measures to ensure the rational use and management of pension funds, and further enhance employees' sense of welfare and social security.

Legal basis:

"Measures for the Implementation of Basic Old-age Insurance for Enterprise Employees in Jiangsu Province" Article 51 The accumulated payment period of employees is an important basis for calculating the basic pension for employees. The calculation method is determined according to the national regulations and the actual situation of this province.