You may get an extra pension when the new enterprise annuity regulations come into effect on the 1st.

　　Beijing, Feb. 1 (Reporter Li Jinlei) The newly revised Enterprise Annuity Measures came into effect on Feb. 1. What is an enterprise annuity? Who can attend? What are the benefits of participating? Who will pay the money? How to manage? When can I get it? A series of issues have attracted the attention of the people. Let’s look at the authoritative interpretation.

　　What is an enterprise annuity?

　　When it comes to enterprise annuity, many people are at a loss. The so-called enterprise annuity refers toOn the basis of participating in the basic old-age insurance, enterprises and their employees independently establish a supplementary old-age insurance system through collective consultation.

　　In short, the enterprise annuity is a supplementary pension insurance. If you have participated in both the basic old-age insurance and the enterprise annuity, you can receive two pensions after retirement.

　　It should be noted that enterprise annuity is not a new thing, but an old system that has been implemented for more than ten years. The "Measures for Enterprise Annuity" issued this time is a revision and improvement of the "Trial Measures for Enterprise Annuity" in 2004.

　　Who can attend?

　　According to data from the Ministry of Human Resources and Social Security, by the end of 2016, 76,000 enterprises had established enterprise annuities nationwide, with 23.25 million employees, and the accumulated amount of enterprise annuity funds was 1.1 trillion yuan.

　　Compared with endowment insurance, the penetration rate of enterprise annuity is not high. Zhang Yinghua, an executive researcher at the World Social Security Research Center of China Academy of Social Sciences, told Zhongxin.com that this is mainly because enterprise annuities are voluntary, and many enterprises, especially small and medium-sized enterprises, have no motivation and ability to participate.

　　The new regulations issued this time clearly state that the state encourages enterprises to establish enterprise annuities. Nie Mingjuan, director of the Pension Insurance Department of the Ministry of Human Resources and Social Security, said that the Measures for Enterprise Annuities weakened the voluntary nature of enterprise annuities and encouraged qualified enterprises to establish enterprise annuities.The "Enterprise Annuity Measures" are not only applicable to all kinds of enterprises in cities and towns, but also other employers and their employees who participate in the basic old-age insurance for enterprise employees can establish enterprise annuities.

　　What are the benefits of participating?

　　For employees, it is conducive to improving the income level of employees after retirement. Nie Mingxi pointed out that if employees participate in the enterprise annuity and jointly pay to their personal account of enterprise annuity, through long-term accumulation and investment operation, the effective appreciation of the funds in the personal account of enterprise annuity can be realized.It is beneficial to increase income and improve living standards on the basis of receiving basic pension after retirement.

　　For enterprises, the Ministry of Human Resources and Social Security said that the establishment of enterprise annuity is conducive to improving the employee compensation system, showing the good culture of enterprises, enhancing the attraction of talents and stabilizing the workforce.

　　where is the money to come from?

　　Who will pay the enterprise annuity? According to the Measures for Enterprise Annuities,The expenses required for enterprise annuity shall be paid jointly by the enterprise and individual employees. The enterprise payment shall not exceed 8% of the total wages of the employees of the enterprise every year. The total contributions of enterprises and employees shall not exceed 12% of the total wages of employees of the enterprise.The specific expenses shall be determined by the enterprise and the employee through consultation. Individual contributions of employees shall be withheld and remitted by enterprises from individual wages of employees.

　　Zhang Yinghua calculated an account for the reporter: Take a person’s salary of 6,000 yuan as an example. If his company has established an enterprise annuity, the unit will pay 8% per month, which is 480 yuan, and the individual employee will pay 4% per month, which is 240 yuan, which adds up to 720 yuan; If the payment salary is 10000 yuan, the total payment is 1200 yuan. These contributions can be deducted from the taxable income of enterprises and individuals, which means they are tax-free.

　　The Ministry of Human Resources and Social Security also stated that enterprise annuities can enjoy national tax preferential policies.For the part of payment that meets the requirements of the state, the enterprise payment can be deducted before tax, and the individual payment can be deducted from the taxable income of the current period.

　　How to manage this money?

　　According to the regulations, enterprise contributions should be included in the personal account of employee enterprise annuity according to the proportion and method determined in the enterprise annuity plan, and individual contributions of employees should be included in my personal account of enterprise annuity.

　　According to the Ministry of Human Resources and Social Security, enterprise annuities are fully accumulated, and individual accounts for enterprise annuities are established for each employee who participates in enterprise annuities. The employee enterprise annuity personal account consists of an enterprise payment sub-account and an individual payment sub-account, which respectively record the part of enterprise payment allocated to individuals and their investment income, as well as their own payment and investment income. The enterprise annuity fund shall be invested and operated in accordance with the relevant provisions of the state, and the income from investment and operation shall be incorporated into the enterprise annuity fund.

　　Besides,According to the different positions, responsibilities and contributions of employees, enterprises can make certain differences in the distribution of enterprise contributions, which reflects the incentive function of enterprise annuity.; At the same time, we should also give consideration to fairness and control the gap, and the maximum amount of the current payment of the enterprise included in the personal account of the employee enterprise annuity shall not exceed 5 times the average amount.

　　When can I get it?

　　Under what circumstances can employees receive enterprise annuity treatment? Accord to that provisions of the enterprise annuity method,Employees can receive enterprise annuities when they reach the retirement age stipulated by the state, completely lose their ability to work, and go abroad to settle down.; After the death of an employee or retiree, itThe personal account balance of enterprise annuity can be inherited..

　　Among them, it is a new content that employees can receive enterprise annuity when they completely lose their ability to work, which is conducive to further embodying the security role of enterprise annuity and appropriately improving the lives of employees who completely lose their ability to work.

　　What are the collection methods?

　　Pensions are received on a monthly basis, so how to receive enterprise annuities? This revision has improved the way of receiving benefits, and there are four ways to choose from.

　　According to the regulations, when an employee reaches the retirement age stipulated by the state or completely loses the ability to work, he can withdraw it from his personal account of enterprise annuity.Receive the enterprise annuity monthly, in installments or at one time, or purchase all or part of the funds in my personal account of enterprise annuity for commercial endowment insurance products., according to the insurance contract to receive treatment and enjoy the corresponding inheritance rights.

　　What if you change jobs?

　　Someone asked, what should I do with the enterprise annuity if I change my job? In this regard, the "Enterprise Annuity Measures" stipulates that when employees change their work units,If an enterprise annuity or occupational annuity has been established in a new employment unit, the rights and interests of the original enterprise annuity personal account shall be transferred to the enterprise annuity or occupational annuity of the new employment unit.

　　If an employee’s new employment unit has not established an enterprise annuity or occupational annuity, or during the period when the employee is studying, joining the army, or unemployed, the original enterprise annuity personal account can be temporarily managed by the original management institution, or temporarily managed by the reserved account set up by the collective plan initiated by the legal person trustee institution. (End)