Basic pension, also known as pension and retirement fee, is the most important pension insurance benefit.

After workers become old or lose their ability to work, insurance benefits are paid monthly or in one lump sum in the form of currency based on their contributions to society and their qualifications for pension insurance or retirement conditions. It is mainly used to protect the basic living needs of employees after retirement.

The provisions on legal liability for pensions are as follows:

1. If an enterprise fails to participate in basic pension insurance or fails to pay basic pension insurance premiums in full and on time, the labor and social security administrative department shall order it within a time limit. If corrected, administrative penalties will be imposed in accordance with the provisions of the State Council's "Interim Regulations on the Collection and Payment of Social Insurance Premiums", and the information on the enterprise's illegal behavior will be included in the city's enterprise credit information system in accordance with the law; if the enterprise causes losses to the insured's basic pension insurance benefits, The insured has the right to demand compensation from the enterprise;

2. If the enterprise, the insured or other personnel defraud the basic pension insurance funds by using excessive claims, false claims, etc., they shall be ordered by the labor and social security administrative department to return the funds, and shall return them in accordance with the The "Labor and Social Security Supervision Regulations" of the State Council impose a fine of not less than 1 time but not more than 3 times of the amount defrauded; if a crime is constituted, criminal liability shall be investigated in accordance with the law;

3. Social insurance agencies, pension insurance fund allocation agencies and their If a staff member abuses his or her power, engages in malpractice for personal gain, or neglects his or her duties, resulting in the inability to pay basic pensions in full and on time or the loss of basic pension insurance funds, the labor and social security administrative department shall order corrections, and the relevant departments shall order the directly responsible supervisor and other directly responsible persons to make corrections. The responsible personnel will be given administrative sanctions; if a crime is constituted, criminal responsibility will be pursued in accordance with the law.

The enterprise pension for retired employees provides the most basic pension security for retirees, and the pension has been increased to increase the pension security function.