The basic endowment insurance for employees is a kind of insurance in social insurance. The payment proportion of basic endowment insurance for employees is: 20% for the enterprise in which the employees work and 8% for the employees themselves. So what policy does the enterprise employee endowment insurance pay? Let's have a look at the new regulations on supplementary payment of employees' pension insurance in 2019.
According to the law, the employer shall timely perform the obligation of paying social insurance for the workers. The employer and the employee shall establish a labor relationship, that is, they shall apply to the social insurance agency for social insurance registration within 30 days from the date of employment.
The employer shall pay the social insurance premium in full and on time after self declaration, and shall not postpone or reduce the payment except for force majeure and other legal reasons. If the employer fails to pay the social insurance on time, the social security collection agency shall order it to pay or make up within a time limit.
Those who meet one of the following conditions may apply for delaying the payment of social insurance premiums: they are unable to pay the minimum wage for more than six consecutive months due to serious difficulties in production and operation due to force majeure.
If the normal production and operation cannot be carried out for more than six months due to force majeure, and the employees only pay living expenses. Other circumstances in which the payment can be postponed due to legal reasons.
If the first payment period is less than one year, and the employer is still unable to resume normal operation after the expiration of the payment period, the employer may apply for payment suspension again within 60 days before the expiration of the payment period. The continuous application shall not exceed two times, and the accumulative period of two times of payment suspension shall not exceed one year.
When the first payment of medical insurance and maternity insurance has expired, the application for further payment will not be accepted. At the expiration of the period of delay, the employer shall pay the corresponding social insurance premium in full and on time, and the overdue fine shall be exempted during the period of delay.
If the employee reaches the retirement age or needs to transfer the social insurance relationship, the employer shall separately pay the social insurance premium in full to protect the legitimate rights and interests of the employee.
Extended information:
There are two stages for enterprises and personnel who have not participated in the insurance or stopped paying the basic endowment insurance premium
1、 It is to pay the basic endowment insurance premium during the period of labor relationship. For those who voluntarily make up the endowment insurance premium before the end of December 2009 and those who make up the endowment insurance premium before the end of 1995 (before the establishment of personal account), the average wage of the whole province in the year of interruption shall be taken as the base (the average wage of the whole Province in 1990 shall be taken as the base for all years before the end of 1989).
For the supplementary payment after January 1996 (after the establishment of personal account), the base shall be 60% or 100% of the average wage of the province's (on-the-job) workers in the year of interruption. At the time of supplementary payment, the proportion of unit and individual payment is the proportion of payment in the year of interruption.
2、 Is engaged in self-employed or flexible employment during the basic endowment insurance premium. For those who take the initiative to make up the endowment insurance premium before the end of December 2009, the average wage of the employees in the whole province in the year when the payment is interrupted shall be taken as the base for the supplementary payment from January 1993 to December 1995 (before the establishment of personal account).
After January 1996 (after the establishment of an individual account), the supplementary payment will be made at the rate of 20% based on 60% or 100% of the average wages of the employees in the province in the year when the payment was interrupted.