What is endowment insurance? What's the use?

Today, let's talk about what old-age insurance money is and why some people take such a big risk to defraud insurance money by reporting an insurance fraud case together.

Case details

It has been 8 years since my father died, and my wife and children defrauded the old-age insurance of 6.5438+0.9 million yuan. My father has been dead for 8 years, but Xiao Li and his mother Li concealed this fact and defrauded my father's old-age insurance and medical insurance 1.9 million yuan. On April 12, Yongdeng County People's Procuratorate announced the latest progress of this insurance fraud case. The suspect Xiao Li and his mother Li are suspected of insurance fraud and have been transferred for prosecution.

After investigation, Zhao was a retired employee of Liancheng Aluminum Factory before his death. On June 7, 2007, 165438+ Zhao Zaiyu's hometown died because of illness and treatment. Zhao's wife Li and son Xiao Li (with their mother's surname) deliberately concealed the fact that Zhao had died. From February 20, 2007 to February 20, 2007, they used all the identity information of Zhao's younger brother to impersonate Zhao and defrauded Zhao's pension insurance from Liancheng Aluminum Factory.

case analysis

The husband and wife believe that there is no risk in reporting, ensuring that nothing is lost, and the husband and wife cooperate well in all aspects. After careful consideration, Gao Mouyi and his wife quietly sent the remains of the old man to cremation, and the ashes were stored in the funeral home. They neither reported their father-in-law's work unit before his death, nor informed any relatives and friends. After dealing with the affairs of the elderly in a hurry, the couple continued to receive and enjoy the pension of the elderly with peace of mind. Because of the tacit cooperation between husband and wife, their trick of crossing the sea has never been seen through.

According to the relevant person in charge of the Social Security Bureau, it is often only ordered to return the fraudulent pension. With the increasing number of retirees, fraud and insurance fraud have emerged one after another.

So what is endowment insurance? So that the husband and wife did not hesitate to conceal, forged a death certificate to conceal the death of their old father to cheat insurance.

First, what is endowment insurance?

Endowment insurance refers to an annuity or one-time income paid by an enterprise to protect its old age when employees are unwilling to continue their service because they have worked in the enterprise for a certain number of years or because of accidents such as old age and disability. Its source is paid by the enterprise where the employee works and by a certain proportion when the employee is on the job, and is managed by the social insurance and specialized agencies affiliated to the labor administrative department. Enjoy pension insurance benefits. Those who have paid the old-age insurance for more than 0/5 years and reached the legal retirement age can enjoy the old-age insurance benefits: they can receive the basic pension paid according to the regulations on a monthly basis until their death.

Death treatment. (1) Funeral expenses (2) One-time pension (3) Subsidies for immediate family members who meet the support conditions are paid monthly until the immediate family members who support them die.

Note: Endowment insurance should be paid continuously as far as possible. According to the relevant documents, if the enterprise or the insured pays the basic old-age insurance premium intermittently (except for the unemployed and those who do not pay according to the relevant regulations), the insured meets the conditions stipulated by the state for receiving the pension. When calculating the basic pension, the calculation base of the basic pension will be moved forward year by year according to the cumulative intermittent payment time to the average salary of employees in this city in the previous year (the cumulative intermittent payment time is calculated at 65438+ for each full year).

Second, what is the use of endowment insurance?

Endowment insurance, in the final analysis, is a kind of savings, and it can also be considered as a kind of "fixed investment behavior", which is to prepare for old age when you are young.

1. Guarantee the basic needs of the elderly: Many people have no plans for their old age. If the state does not force old-age savings, many people will have no source of income when they get old.

2. Provide a stable and reliable source of life: It is normal to pay different levels of old-age insurance in different regions, but basically you can get basic living expenses after retirement, so that you can't even solve the problem of food and clothing.

3. It can resist inflation: the payment of pension is related to the local average salary in the previous year. At present, the average wage in various regions is increasing every year, and the collection of pensions will also increase year by year, which can resist inflation to a certain extent.

4. Reduce the financial burden for children, and don't worry about being too poor in old age.