Ministry of Human Resources and Social Security.
Occupational pension refers to the supplementary pension insurance system established by government institutions and their staff on the basis of the basic pension insurance of participating organs and institutions.
What are the components of an occupational annuity**?
The Occupational Pension** consists of the following:
1) Unit payment;
2) Individual payment;
3) Occupational annuity ** investment and operation income;
4) Other income as prescribed by the state.
What is the contribution standard for occupational annuity?
Occupational pension costs.
by the unit and the individual staff member.
Shared responsibility. The proportion of occupational pension fees paid by the unit.
It is 8% of the total salary of the unit
Individual contribution ratio.
4% of the employee's salary
Withheld by the unit.
The payment base of units and individuals is consistent with the payment base of the basic pension insurance for the staff of government agencies and institutions.
According to the state of economic and social development, the state shall adjust the proportion of occupational pension contributions of units and individuals in a timely manner.
Can I receive an occupational pension in a lump sum when I retire?
Occupational pensions are not allowed for insured persons.
Receive it as a lump sum at retirement.
After meeting the retirement conditions stipulated by the state and going through the retirement formalities in accordance with the law, the staff member shall choose the method of receiving occupational pension benefits on a monthly basis.
It can be used to purchase commercial endowment insurance products at one time, receive benefits according to the insurance contract and enjoy the corresponding inheritance rights;
You can choose to calculate and pay the occupational pension treatment standard according to the number of months corresponding to your retirement, until the end of the payment, and the balance of the personal account of the occupational pension has the right to inheritance.
I will not change it after I select any of the collection methods.
Is an occupational pension included in a pension?
In accordance with the relevant policies and regulations, after the reform of the pension insurance system of government agencies and institutions, the insured persons meet the requirements of the minimum payment period, meet the retirement conditions stipulated by the state and go through the retirement procedures in accordance with the law, and receive pension insurance benefits on a monthly basis after retirement, including two parts: basic pension and occupational annuity.
If the insured personnel of government agencies and institutions meet the conditions for receiving occupational pensions, the employer shall submit the application materials for payment of benefits to the handling agency.
The application for occupational pension benefits will be accepted together with the application for basic pension insurance benefits.
After the resignation of the personnel of government agencies and institutions, can the previous working years be credited to the occupational pension?
OK. According to the notice of the Ministry of Human Resources and Social Security and the Ministry of Finance on issues related to the basic pension insurance relationship and the transfer and continuation of occupational annuity in government institutions and institutions, if the insured personnel have gone through the formal transfer or resignation or dismissal procedures and leave the organs and institutions, the occupational pension shall be supplemented according to the length of years they have worked in the organs and institutions before the reform, and shall be transferred to their occupational pension personal accounts in the form of actual accounts, and the required funds shall be solved by their original units according to the current funding guarantee channels.