Endowment insurance has always been a big problem of continuous concern in China, so where to pay personal endowment insurance to see their own account number? What is the proportion of individual account of endowment insurance? Let's take a look with Xiaobian.
What is the main content of the current unified basic endowment insurance system for urban enterprise employees in China?
The content framework of China's current unified basic endowment insurance system for urban enterprise employees is determined by the decision of the State Council on establishing a unified basic endowment insurance system for enterprise employees (GF [1997] No. 26), the Interim Regulations on the collection and payment of social insurance premiums, and the rules and documents issued by the Ministry of labor and social security. It mainly includes the following aspects:
（1） Coverage. The basic endowment insurance covers state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and their employees, as well as institutions and their employees that implement enterprise management. The people's governments of provinces, autonomous regions and municipalities directly under the central government may, in accordance with the actual local conditions, stipulate that urban individual industrial and commercial households shall be included in the coverage of basic endowment insurance. Some places also include freelancers in the coverage of basic pension insurance.
（2） Payment base and rate. Generally, the proportion of basic endowment insurance premium paid by an enterprise shall not exceed 20% of the total wage of the enterprise, and the specific proportion shall be determined by the people's Government of the province, autonomous region or municipality directly under the central government. A few provinces, autonomous regions and municipalities directly under the central government should report to the Ministry of labor and social security and the Ministry of Finance for examination and approval if they really need to exceed 20% of the total wages of enterprises due to the large number of retirees and the heavy burden of endowment insurance. The proportion of basic endowment insurance premium paid by individuals should gradually reach 8% of their wages. The payment of individual businesses and freelancers is borne by themselves, and the proportion of payment is generally 18%. The payment base can be 60% to 300% of the average wage of local workers.
（3） Social overall planning should be combined with individual accounts. The social insurance agency shall establish an individual account of basic endowment insurance for employees according to 11% of their payment wages. All individual payment shall be recorded in the individual account, and the rest shall be transferred from the enterprise payment. With the increase of the proportion of individual payment, the proportion of enterprise income gradually decreased to 3%. For the amount of deposit in an individual account, the interest shall be calculated with reference to the deposit rate of the bank in the same period every year. The amount stored in the personal account is only used for the pension of employees, and shall not be withdrawn in advance. When the staff and workers are transferred, all the personal accounts will be transferred with them. If the employee or retiree dies, the individual contribution part in the individual account can be inherited. In addition to the individual account part, the rest of the enterprise payment is included in the social pooling fund.
（4） Pension benefits. After the implementation of the pension insurance system of combining social overall planning with individual accounts, employees who take part in work and have accumulated 15 years of individual payment will be given a basic pension monthly after retirement. The basic pension consists of basic pension and individual account pension. The monthly standard of the basic pension at the time of retirement is 20% of the average monthly salary of the employees of the province, autonomous region, municipality directly under the central government or prefecture city in the previous year. The monthly standard of the personal account pension is divided by 120. If the accumulated number of years of individual payment is less than 15 years, he will not enjoy the basic pension treatment after retirement, and the amount saved in his personal account will be paid to him at one time.
How much is the individual account of worker basic endowment insurance recorded?
According to the "decision of the State Council on the establishment of a unified basic endowment insurance system for enterprise employees" (GF [1997] No. 26) and relevant regulations, the proportion of individual account entry of basic endowment insurance for employees is 11% of the wage base of individual payment, including the whole of individual payment and the transfer of social insurance agencies from enterprise payment. In 1997, the proportion of individual payment shall not be lower than 4% of personal payment wage, and the enterprise transfer part shall be supplemented to 11% of personal payment wage base; since 1998, the individual payment shall be increased by one percentage point every two years, and the enterprise transfer part shall be reduced by one percentage point, finally reaching 8% of personal payment wage base, and the enterprise transfer part shall be reduced to 3% of personal payment wage base 。 In areas where conditions permit and in years where wages increase rapidly, the rate of increase in individual payment can be appropriately accelerated.
In addition, according to the State Council's "pilot program on improving the urban social security system", in Liaoning Province and other provinces, autonomous regions and municipalities directly under the central government, the endowment insurance premiums paid by enterprises are no longer included in the individual account, but are all included in the social pooling fund; the proportion of individual contributions by employees is 8%, and all are recorded in the individual account The scale of personal account is adjusted from 11% of the payment salary to 8%.