the reform of enterprise employees' pension insurance system is an important part of China's social security system, aiming at establishing a more perfect, fairer and more sustainable pension insurance system, so as to better protect employees' basic pension rights and promote social stability and economic development.

1. Reform background

With the rapid development of China's economy and the aggravation of the aging trend of the population, the original old-age insurance system for enterprise employees has been difficult to meet the actual needs. Therefore, it is urgent to reform the old-age insurance system.

Second, the reform content

1. Establish a multi-level old-age insurance system, including basic old-age insurance, enterprise annuity, personal savings old-age insurance, etc., to meet the needs of different employees.

2. Improve the level of pension insurance benefits: ensure that employees can enjoy higher pension benefits after retirement by increasing financial subsidies and increasing the proportion of contributions.

3. Strengthen the management of the endowment insurance fund: establish and improve the investment and operation mechanism of the endowment insurance fund, improve the rate of return of the fund, and ensure the safe and steady operation of the fund.

Third, the significance of reform

1. It is beneficial to protect the basic pension rights of employees and improve their living standards.

2. It is conducive to promoting the stable development of enterprises and enhancing their cohesion and competitiveness.

3. It is conducive to promoting social fairness and harmony and alleviating social contradictions and pressures.

To sum up:

The reform of enterprise employees' pension insurance system is an important part of China's social security system, aiming at establishing a more perfect, fairer and more sustainable pension insurance system, so as to better protect employees' basic pension rights and promote social stability and economic development.

Legal basis:

Article 1 of the Social Insurance Law of the People's Republic of China

stipulates:

Employees shall participate in the basic old-age insurance, and both the employer and the employees shall pay the basic old-age insurance premium.

this law stipulates the obligation and payment responsibility of employees to participate in the basic old-age insurance, which provides legal guarantee for the implementation of the old-age insurance system.

Article 11 of the Social Insurance Law of the People's Republic of China

stipulates:

The basic old-age insurance shall combine social pooling with individual accounts. The basic old-age insurance fund consists of employer and individual contributions and government subsidies.

This article clarifies the financing method and fund composition of the basic old-age insurance, and provides legal support for the reform of the old-age insurance system.

Article 12 of the Social Insurance Law of the People's Republic of China

stipulates:

The state establishes and improves a new rural social endowment insurance system.

the new rural social endowment insurance combines individual contributions, collective subsidies and government subsidies.