1. How can I withdraw the enterprise annuity? 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, by stages or at one time, or they can buy all or part of the funds in the personal accounts of commercial old-age insurance products, 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. 2. What is the payment standard of enterprise annuity? Enterprise annuity = enterprise contribution+individual contribution+investment and operation income of enterprise annuity fund. A trust system shall be implemented, which shall be invested and operated by qualified fund management institutions. According to the relevant provisions in the Enterprise Annuity Measures, the annual contribution of an enterprise shall not exceed 8% of the total wages of its employees, and the total contribution of enterprises and employees shall not exceed 12% of the total wages of its employees. The specific situation needs to be determined through consultation between enterprises and employees according to the actual situation. Iii. The difference between enterprise annuity and pension 1. Endowment insurance is enforced by the government through legislation and managed and operated by relevant government agencies. However, enterprise annuity is jointly established by enterprises and employees, and the government is generally not directly responsible for enterprise annuity. The role of government in enterprise annuity is mainly reflected in legislation, taxation and supervision. 2. The basic old-age insurance is to ensure the basic needs of employees after retirement; Enterprise annuity is to improve the living standard of employees after retirement and make up for the shortage of replacement rate of basic old-age insurance. 3. The payment method, payment standard and payment level of the basic old-age insurance shall be uniformly stipulated and enforced by the government; The payment method and payment standard of enterprise annuity are decided by enterprises and employees independently. 4. The basic old-age insurance adopts the method of pay-as-you-go plus partial accumulation, and provides old-age security through intergenerational support; Enterprise annuity takes the form of complete accumulation of personal accounts. 5, the basic old-age insurance by the government social security agencies unified management and operation; Enterprise annuities are managed and operated in a market-oriented way, and professional institutions are entrusted to manage and operate. 6. The basic old-age insurance is enforced by the government through legislation; Enterprise annuities are established voluntarily by enterprises and employees.

Legal objectivity:

How to withdraw the enterprise annuity? According to the relevant regulations of the state on enterprise annuity, employees can only receive enterprise annuity from their personal accounts once or regularly if they reach the retirement age stipulated by the state. Employees who have not reached the retirement age stipulated by the state may not withdraw funds from their personal accounts in advance. The funds in the personal account of enterprise annuity of overseas residents can be paid to me in one lump sum according to my requirements. When an employee changes his work unit, the funds in his personal account of enterprise annuity can be transferred with him. If an employee fails to implement the enterprise annuity system during the period of entering a higher school, joining the army or being unemployed, his personal account of enterprise annuity can be managed by the original management institution. After the death of an employee or retiree, the balance of his personal account of enterprise annuity shall be collected in one lump sum by his designated beneficiary or legal heir. What are the conditions for enterprise annuity withdrawal? 1. When employees reach the retirement age stipulated by the state, they can receive the enterprise annuity from their personal accounts once or regularly. Employees who have not reached the retirement age stipulated by the state may not withdraw funds from their personal accounts in advance. The funds in the personal account of the enterprise annuity of the overseas resident can be paid to me in one lump sum according to my requirements. 2. When an employee changes his/her work unit, the funds in the personal account of the enterprise annuity can be transferred accordingly. If employees do not implement the enterprise annuity system during the period of continuing education, joining the army, unemployment or new employment, their enterprise annuity personal accounts can be managed by the original management institutions. 3. After the death of employees or retirees, the personal account balance of enterprise annuity shall be collected by the designated beneficiary or legal heir in one lump sum. Can the enterprise annuity be withdrawn or transferred at any time? Enterprise annuity is a supplementary old-age insurance system established voluntarily by enterprises and their employees on the basis of participating in the basic old-age insurance according to law, while enterprise annuity fund refers to the supplementary old-age insurance fund formed according to the funds raised by the enterprise annuity plan formulated according to law and its investment and operation income. For employees who change their work units, Article 13 of the Trial Measures for Enterprise Annuities stipulates that the personal account funds of enterprise annuities can be transferred with them. If an employee fails to implement the enterprise annuity system during the period of entering a higher school, joining the army or being unemployed, his personal account of enterprise annuity can be managed by the original management institution. Is the enterprise annuity taxable after retirement? According to the Notice of the Ministry of Finance, Ministry of Human Resources and Social Security and State Taxation Administration of The People's Republic of China on Issues Concerning Individual Income Tax on Enterprise Annuities and Occupational Annuities (Caishui [2065 438+03] 103), 1. If an individual reaches the retirement age stipulated by the state, the monthly annuity received after the implementation of this notice shall be paid in full according to the applicable tax rate of "wages and salary income". After the implementation of this notice, the annuities received annually or quarterly shall be equally distributed to each month, and personal income tax shall be levied in full at the applicable tax rate of "income from wages and salaries". 2. Units and individuals who started to pay annuity contributions before the implementation of this notice, as well as individuals who received annuities after the implementation of this notice, are allowed to deduct the part of annuity unit contributions and individual contributions paid before the implementation of this notice and pay personal income tax from their annuities, and the balance is taxed according to the provisions of Item 1 of Article 3 of this notice. Individuals who receive an annuity by installments may deduct the taxable income of the current period according to the percentage of the annuity payment paid before the implementation of this notice, and calculate and pay personal income tax according to the provisions of Item 1 of Article 3 of this notice.