Enterprise annuity contribution ratio units and individuals

Under normal circumstances, the proportion of unit contribution is 8%, the proportion of individual contribution is 4%, the total proportion of payment is 12%, and the enterprise annuity and housing provident fund only have personal accounts, so the enterprise annuity paid by units and individuals is all into the individual enterprise annuity account of employees and belongs to the depositor.

Enterprise annuity is a kind of supplementary pension system, which refers to the supplementary pension insurance system established independently by enterprises and their employees on the basis of participating in basic pension insurance in accordance with the law. Enterprise annuity is an important supplement to the national basic pension insurance, and is the "second pillar" of China's urban employee pension insurance system (composed of three parts: basic pension insurance, enterprise annuity and individual savings pension insurance). In countries that implement modern social insurance systems, enterprise annuities have become a more common enterprise supplementary pension plan, also known as "enterprise pension plan" or "occupational pension plan", and has become an important part of the pension insurance system of the host country.

According to the relevant regulations of the state on enterprise annuity, employees can receive enterprise annuity once or regularly from their personal account for enterprise annuity only when they reach the retirement age stipulated by the state. Employees who have not reached the retirement age prescribed by the state shall not withdraw funds from their personal accounts in advance. The funds in the personal account of the enterprise annuity of the person who have settled abroad can be paid to the person in a lump sum according to the request of the person.

When an employee changes his or her employer, the funds in the personal account of the enterprise annuity can be transferred with him. If an employee goes on to higher education, joins the army, is unemployed, or the new employment unit does not implement the enterprise annuity system, his or her personal account for enterprise annuity may continue to be managed by the original management agency. After the death of an employee or retiree, the balance of the individual account of the enterprise annuity shall be received in a lump sum by the beneficiary or legal heir designated by the employee.

According to the "Enterprise Annuity Regulations" issued by the Ministry of Human Resources and Social Security on June 6, 2016, Article 14 The annual contribution of an enterprise shall not exceed 8% of the total salary of the employees of the enterprise in the previous year. The total contribution of enterprises and individual employees shall not exceed 12% of the total wages of employees in the previous year.

The specific required expenses shall be determined through consultation between the enterprise and the employees.

According to the "Provisions on Enterprise Annuity" issued by the Ministry of Human Resources and Social Security on June 6, 2016: Article 15 The channels for enterprise payment and expenditure shall be implemented in accordance with the relevant provisions of the state, and the individual payment of employees shall be withheld and paid by the enterprise from the individual wages of employees.

The ratio of annuity contributions to individuals and enterprises is 1:2.

A supplementary endowment insurance system voluntarily established by enterprises and their employees on the basis of participating in basic endowment insurance in accordance with the law. Enterprise annuity is the same as endowment insurance, the specific payment ratio is 8% for the unit and 4% for the individual salary, which is withheld by the unit. The individual contributions and investment income in the personal account of the employee enterprise annuity shall belong to the individual employee from the beginning.

What are the conditions for receiving a corporate annuity?

1. When an employee reaches the retirement age stipulated by the state or completely loses the ability to work, he or she can receive the enterprise annuity from his or her enterprise annuity personal account on a monthly, installment or one-time basis, or he can purchase commercial pension insurance products with all or part of the funds in his enterprise annuity personal account, receive benefits according to the insurance contract and enjoy the corresponding inheritance rights;

2. The funds in the personal account of the enterprise annuity of the person who have settled abroad (outside the territory) can be paid to the person in a lump sum according to his request;

3. After the death of an employee or retiree, the balance of the personal account of the enterprise annuity can be inherited.

Attribution of individual contributions to enterprise annuities

1. The individual contributions and investment income in the personal account of the employee enterprise annuity shall belong to the individual employee from the beginning.

2. The enterprise may agree with the employee that the enterprise payment and its investment income in the employee's enterprise annuity personal account shall be attributed to the individual employee from the beginning, or it may be agreed that it shall be gradually attributed to the individual employee with the increase of the employee's working years in the enterprise, and the period of complete attribution to the individual employee shall not exceed 8 years.

1. Occupational annuity = unit payment + individual payment. Among them, the contribution ratio is: 8% of the total salary of the unit; 4% of the salary paid by the employee shall be withheld by the unit.

2. At the same time, in order to ensure that the income of occupational annuity may face the shrinkage caused by inflation in a specific period (such as ultra-high CPI), the measures also mention that "according to the economic and social development situation, the state can adjust the proportion of occupational annuity contributions of units and individuals in a timely manner".

3. For the full financial contribution unit:

The part of the payment of the unit is paid by the government, and the interest is calculated every year according to the bookkeeping interest rate announced by the state, and the cumulative savings of the employee's occupational pension account are recorded by the funds allocated by the finance department at the same level before retirement. Partial contribution unit: The unit payment is actually borne by the unit, and the actual account accumulation is adopted.

The resulting occupational annuity** implements market-oriented investment and operation, and the interest is calculated according to the actual income.

Main types. Occupational pension can be divided into two basic modes according to the calculation and payment method, namely DB and DC, the implementation of foreign public officials is the DB model, and the supplementary insurance of the enterprise is the enterprise annuity, mainly from the beginning of the DB model gradually to the DC model, since the 21st century, the DC model has exceeded the DB model.

Occupational pensions are divided into pay-as-you-go, accumulation, and partial accumulation according to the way of raising funds. The pension insurance for public employees is generally pay-as-you-go, and the pension insurance for enterprise employees is mainly based on the complete accumulation of funds, and some countries implement the partial accumulation type. According to the organization and management of occupational pensions, there are trust management types represented by the United Kingdom and the United States; A type of company that has an insurance company managed by a contract; There are traditional corporate internal management types represented by Germany.

The enterprise annuity is jointly borne by the enterprise and the employee, and the unit contribution generally does not exceed one-twelfth of the total salary of the previous year (equivalent to the total salary; The total contribution of the unit and the employee shall generally not exceed one-sixth of the total salary of the previous year (equivalent to the total salary). The enterprise annuity implements market-oriented operation, and should choose the operating institution recognized by the Ministry of Labor and Social Security for management. The enterprise annuity payment method can be flexibly selected, and the enterprise can choose the best according to the situation of the province.

The above is only the current information combined with my understanding of the law, please refer to it carefully!

If you still have questions about this issue, it is recommended that you organize the relevant information and communicate with a professional in detail.