Can the enterprise annuity be withdrawn or transferred at any time?

Answer: The enterprise annuity is a supplementary pension insurance system voluntarily established by enterprises and their employees on the basis of participating in the basic pension insurance according to law, while the enterprise annuity fund refers to the supplementary pension insurance fund formed according to the funds raised by the enterprise annuity plan formulated according to law and its investment and operation income. Generally speaking, the enterprise annuity fund consists of three parts: enterprise payment, individual employee payment and investment and operation income of the enterprise annuity fund. Enterprise annuity funds are fully accumulated and personal accounts are managed. Enterprise contributions should be calculated according to the proportion stipulated in the annuity plan and included in the employee's personal account; Individual contributions of employees are included in my personal account. The income from investment and operation of annuity funds is included in the personal account of enterprise annuity according to the net rate of return. The Trial Measures for Enterprise Annuities, which was implemented in 2004, limited the payment conditions of enterprise annuities, and individual employees could not receive them at will. Article 12 stipulates that when employees reach the retirement age stipulated by the state, they can receive enterprise annuity from their personal accounts in one lump sum or on a regular basis. Employees who have not reached the retirement age stipulated by the state may not withdraw funds from their personal accounts in advance. The funds in the personal account of enterprise annuity of overseas residents can be paid to me in one lump sum according to my requirements; Article 14 stipulates that after the death of an employee or retiree, the balance of his personal account of enterprise annuity shall be collected in one lump sum by his designated beneficiary or legal heir. For employees who change their work units, Article 13 of the Trial Measures for Enterprise Annuities stipulates that the personal account funds of enterprise annuities can be transferred with them. If an employee fails to implement the enterprise annuity system during the period of entering a higher school, joining the army or being unemployed, his personal account of enterprise annuity can be managed by the original management institution. (Liu Xie Series)