In the ever-changing economic environment, old-age security has always been a hot topic of social focus and public concern. With the increasingly serious aging of China's population, how to ensure the quality of life of the majority of retired groups and ensure their later life has become a problem that must be faced by all sectors of society.
By the end of 2023, China's total insured population in terms of basic pension, unemployment and work-related injury insurance will continue to riseThe number of participants in the basic pension insurance has increased to 106.6 billion people, 24.4 billion, and the number of people participating in work-related injury insurance has also increased to 30.2 billion.
These figures show the extent to which our social security system is widespread. The accumulated balance of social insurance** is 824 trillion yuan, reflecting the stability of the current ** operation.
The Human Resources and Social Security said that the next step will be to actively implement the unified management of national pension insurance to ensure the punctual and adequate payment of pensions; At the same time, the coverage of enterprise annuities is constantly increasing; Encourage qualified village-level collective economic entities to pay subsidies for urban residents to participate in pension insurance, so as to increase the cumulative amount of individual accounts.
At the same time, flexible employment groups and workers with new employment types are encouraged to join the pension insurance system. Implement a pilot project of work-related injury insurance for direct settlement of cross-provincial and non-local medical treatment.
The Ministry of Human Resources and Social Security also pointed out that in the 36 cities and regions that have carried out pilot projects, the individual pension system is gradually on the right track. So far, 50 million people have set up their own accounts and are experiencing the concrete benefits of their pensions.
Next, efforts will be made to promote the full implementation of the individual pension system. How exactly does this system work, and how does it win the trust of the general public? Let's take a look at our in-depth analysis.
Personal pension, as a supplementary pension security, is supported by the highest level, voluntary participation, and market-oriented operation.
Each insured person can choose the products they want to invest in, and this flexible design reflects the modern people's need for independent planning for retirement life.
At the same time, enjoy tax incentives - this kind of benefit directly shortens the distance between policy benefits and personal interests.
According to recent information, individual pension schemes that have been piloted in 36 cities and regions have begun to show initial positive results.
This shows that a comprehensive retirement protection system based on three key pillars is becoming more sophisticated:As the first pillar, the basic pension insurance plays the basic security function, while the second pillar of the enterprise annuity and occupational pension play a complementary effect, and the personal pension system, as the third pillar of strengthening, provides a flexible and effective means of additional protection.
The tax incentives offered by personal pensions are very attractive. In the payment stage, the maximum annual payment amount of 12,000 yuan can be deducted from personal income, reducing the immediate tax burden of the insured.
The non-taxation of investment income further increases the compounding effect of funds. In the receiving link, the lower tax rate also protects the actual income of the insured.
Individuals participating in personal pensionsIt is necessary to open a personal pension account through the national social insurance public service platform or commercial bank channels, and make contributions in the account.
The personal pension account is used to record personal contributions, investments, receipts, deductions and payment of individual income tax.
Next, individuals need to choose a commercial bank that meets the requirements to open a personal pension fund account for fund deposit, payment limit registration, personal pension product investment, payment and inquiry and other services.
The maximum amount that an individual can pay for the pension can reach 12,000 yuan per year, and the payment method is flexible, and you can choose to pay monthly, in installments or in a lump sum on an annual basis, and the amount paid is accumulated according to the natural year.
The funds in the personal pension fund account can be used to purchase eligible depositsWealth management products, pension insurance and public offerings** and other pension-related products.
These products are characterized by safe operation, robustness and maturity, with clear goals and a focus on long-term asset preservation, with the aim of more effectively ensuring that retirees have a reliable livelihood.
Nowadays, the implementation of personal pensions is becoming more and more important. With the extension of the life cycle and the change of traditional family structure, the traditional way of providing for the elderly can no longer meet the needs of everyone.
The introduction of personal pensions has given citizens more choices and a greater sense of security. It is not only a financial product, but also a social security plan related to the future quality of life of you, me and others.
In the future retirement life, with such a "bodyguard", we may be able to let go of that hidden anxiety and move forward with peace of mind.