Pension payment standards of government social security bureau and enterprise social security bureau

Pension, also known as pension and retirement fee, is the most important pension insurance treatment. That is to say, according to the relevant national documents, the monthly or lump-sum payment of insurance benefits in the form of money is the need to benefit the society and is mainly used to ensure the basic living needs of employees after retirement according to their contributions to society and their qualifications or retirement conditions.

Pension payment standards of government social security bureau and enterprise social security bureau;

The insured shall receive the old-age insurance money on a monthly, quarterly or annual basis from the month following the age of 60. The collection standard is determined according to the total accumulated endowment insurance premium in the personal account of the insured.

The guarantee period for the insured to receive pension insurance money is 10 year. If the insured is still alive at the expiration of the time limit, his old-age insurance money will continue to be collected according to the original standard.

If the insured dies 10 years ago after receiving the old-age insurance, the balance stored in his personal account shall be returned to his successor or designated beneficiary in one lump sum.

To participate in the basic old-age insurance institutions directly under the municipal government, according to the pension plan and payment standards, in conjunction with the Municipal Social Security Office, carefully clean up and check the pensions of retired and resigned personnel of this unit.

After the socialized distribution of pensions, the subsidies and subsidies other than the pension benefits issued by each unit are still paid by the original channels, and each unit is responsible for timely transferring them into the personal savings accounts set up by its retired and resigned personnel in the bank; No unit may cancel without authorization on the grounds of socialized pension payment.