Retirement salary in Qingdao

The standard of Qingdao's average pension is: the average pension of enterprise retirees in China is 251 yuan/month. In China's pension payment regulations, if an individual who participates in the basic old-age insurance has accumulated contributions for 15 years when he reaches the legal retirement age, he can receive the basic pension on a monthly basis. The so-called legal retirement age refers to the age when employees quit their jobs and are eligible for pensions. The per capita pension of enterprise retirees in China is 251 yuan/month. The national retirement pension will be raised every year, and the employee pension insurance is paid by enterprises and institutions. The payment level is high and the payment period is long, and it will be raised every year, which has been rising for 13 consecutive years. (1) Different concepts 1. Retirement pension is an insurance benefit paid by the state in monetary form on a monthly basis or at one time according to the social insurance system, after the workers are old or lose their ability to work, according to their contributions to society and their qualifications for enjoying old-age insurance or retirement conditions, which is mainly used to protect the basic needs of employees after retirement. 2. The full name of endowment insurance is social basic endowment insurance, which is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers after reaching the working age limit stipulated by the state to terminate their labor obligations or quitting their jobs because of old age. (II) Different funding channels 1. Pensions are generally paid by the state finance or local finance, and the retirement benefits of retirees who have not participated in the social pooling of endowment insurance (such as civil servants and institutions, excluding enterprises managed by institutions) are referred to as pensions or retirement living expenses. 2. Pensions are paid by social insurance funds, and the retirement benefits of retirees who participate in social pooling of old-age insurance are collectively referred to as pensions. (3) Different payment methods 1. Pensions are provided by single entities or enterprises and can be enjoyed without the beneficiary's payment. 2, the social endowment insurance fee is generally withheld by the insured unit, part of which is handed over to the state and part of which is deposited in personal accounts. The payment standard of social endowment insurance often follows a unified payment criterion. (4) Different ways of receiving pensions 1. According to the payment method of pensions, it can be divided into one-time payment of pensions and installment payment of pensions. The former refers to the payment of pension in one lump sum after the employee retires, and the enterprise has no obligation to pay after the employee retires. The latter refers to the payment of pension in installments after the employee retires until his death, such as monthly or annual payment of pension. 2. Social old-age insurance funds are uniformly distributed by government departments and institutions. In terms of receiving pensions, there are unified rules for receiving pensions for every member of society. Take the people who joined the work in Chongqing after 1996 as an example, their basic pensions are equal to basic pensions and personal account pensions. The basic pension is social pooling, that is, the part that the unit pays 18% is remitted into the big pool of social pension; Personal account pension is the accumulation of the part that individuals pay 8%. The pension it provides is often the most basic guarantee and can only solve the most basic problem of food and clothing. Individuals who participate in the basic old-age insurance can receive the basic old-age pension on a monthly basis if they have accumulated contributions for 15 years when they reach the statutory retirement age. In other words, employees who participate in endowment insurance must meet two conditions to receive pensions: first, they must reach the statutory retirement age; Second, the accumulated pension insurance premium has been paid for 15 years. The so-called legal retirement age refers to the age when employees quit their jobs and are eligible for pensions. According to the relevant regulations, the legal retirement age of enterprise employees in China is: men reach 6 years old, women workers reach 5 years old and women cadres reach 55 years old. Engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health (hereinafter referred to as special jobs), the retirement age is 55 years old for men and 45 years old for women; Disabled due to illness or non-work-related disability, certified by the hospital and confirmed by the labor appraisal Committee, the retirement age is 55 years for men and 45 years for women. There is still a big difference between pension and retirement salary. Not every unit will pay retirement salary after retirement, but everyone can receive pension, but it needs to pay for 15 years. Since then, the average pension in China has been rising, about 1%, which is also closely related to China's economic development. There is a unified calculation model for China's pension regulations, but the payment of specific pensions is determined according to the actual local economic development. At this time, as retirees, we must protect our rights and interests in time.