Does social security have a pension?

Social security and pension are completely different concepts. Pension is a kind of pension insurance, and social security includes pension insurance. Pay old-age insurance 15 years, and only after reaching the retirement age stipulated by law can you go through retirement procedures and receive a monthly pension.

1. Is the social security paid by the employer a pension?

No, retirement pension: according to the social insurance system, the state pays monthly or lump-sum insurance benefits in the form of money after 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. Old-age insurance: the full name of social basic old-age insurance is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Second, what is the standard of civil servant pension?

Pension is the treatment enjoyed by civil servants and employees of institutions with full financial allocation after going through normal retirement procedures. This cost is fully allocated by the state finance, and such employees do not need to participate in basic social endowment insurance.

According to the payment method of retirement pension, it can be divided into one-time payment and installment payment. The former refers to the one-time payment of pension after retirement, and the latter refers to the payment of pension by stages after retirement until death, such as monthly or annual payment of pension.

As for the conditions of receiving a pension, the age of receiving a pension is the same as that of receiving a pension, and the amount of receiving a pension depends on the length of service, and the specific situation is different.

The social security paid by the employer is not a pension, and the pension of civil servants is fully allocated by the state finance. There are two ways to withdraw pension, one is lump sum withdrawal, and the other is installment withdrawal. The former is used for employees to receive pensions after retirement, and enterprises will no longer fulfill their payment obligations after retirement.