Changes in pension payment methods
Hunan Province stipulates that from June 5438+ 10, 2022, the pension and subsidy funds issued by enterprise employees' pension insurance agencies will be distributed through social security cards, which is different from the previous way of distributing them to bank cards, so many elderly people will change their habits. After the pension payment method is issued by the social security card, everyone needs to activate the financial function of the social security card and go to the bank outlet to activate the financial function in order to receive the pension. Social security card has three advantages. First, it is more convenient and can realize online payment and online transfer. In order to encourage people to use the transfer function, some banks will offer social security card shopping discounts. The second is to save money. When the social security card receives a pension, the mobile phone will receive a SMS reminder. If you use a bank card to open SMS notifications, there is a charge. Third, the security is higher. In addition to the financial account, the social security card is also loaded with social security information, and the probability of being stolen is lower. Compared with the passbook, the social security card does not need to go to the counter to withdraw money, but you need to enter a password to use it. Due to the differences in regional development in China, the adequacy of pension funds varies from place to place. The higher the overall level of endowment insurance, the higher the fairness and mutual assistance. Pension adopts the mode of unified account combination. In 20 18, China established a central adjustment fund system. The central government will give adjustment subsidies to places where pension payment is under pressure, but the provinces still have to bear their own pension insurance responsibilities. From 2022, the provincial-level overall planning will be upgraded to the national overall planning, which will help reduce the burden of support in the central and western regions, give play to the scale effect of pension funds, and adjust the surplus and deficiency nationwide. After the basic old-age insurance for employees is co-ordinated nationwide, the average wage of employees on the job will be calculated based on the average wage of employees on the job nationwide. By then, the pension level in low-wage areas will be improved. In addition, for people who move across provinces, there is no need to go through the transfer and continuation procedures of endowment insurance, which is good news for Italy with a floating population of 236 million. As a province with a large floating population, Hunan will benefit from the national overall planning of endowment insurance.