The difference between social security pension and retirement salary

1, the two definitions are different: 2. Different payment methods; 3. Different sources of funds; 4. Different collection methods.

1, the two definitions are different:

Pensions are only limited by working age; Pension and social insurance limits.

Pensions can only be collected by people who have paid social security. The full name of this kind of pension is social basic old-age insurance, which is a social security system established by the state according to law to solve the problem that people who have no ability to work leave their jobs after reaching a certain age.

Pension is an insurance benefit that is paid regularly on a monthly basis according to the contribution of workers to society or the country. It is generally set up to protect the life of employees after retirement.

2. Different payment methods:

The pension is paid by me and the enterprise or * * * (all can be paid by myself); The pension is provided by the unit or enterprise, which is equivalent to you.

This is the substantial difference between the two kinds of gold. Pensions are provided by units or enterprises, and beneficiaries can enjoy them without paying fees. Social endowment insurance is a part of the money paid by the insured himself and handed over to the state together with the enterprise.

3, the two sources of funds are different:

Pensions are generally paid by the state finance or local finance, and pensions are paid by social insurance funds.

Pension is generally a welfare that people who have worked in state institutions will enjoy after retirement. Pension is for all people. After they retire, social insurance will refund some money every month.

4. Different collection methods

Pensions can be paid in one lump sum or in installments. If it is phased, you can get a pension until you die, but it is definitely not as big as a one-time payment.

Usually, you must meet the following conditions to receive a pension:

(1) Reach the required retirement age;

② Participate in endowment insurance and pay insurance premium;

(3) The payment has exceeded 15 years.

Pension, also known as pension and retirement fee, is the most important social 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. Pensions are accumulated and operated according to the principle of accumulation by the state, the collective and the individual. When people are in their prime of life, part of the wealth created is invested in pension plans to ensure a sense of security in their later years.

To sum up, it is Bian Xiao's relevant answer about the difference between social security pension and retirement salary, hoping to help you.

legal ground

Labor law of the people's Republic of China

Article 70 The state develops social insurance undertakings and establishes social insurance systems and social insurance funds, so that workers can get help and compensation in old age, illness, work injury, unemployment and childbirth. Social Insurance Law Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance to protect citizens' right to get material help from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity. Article 58 An employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Article 70 The state develops social insurance undertakings and establishes social insurance systems and social insurance funds, so that workers can get help and compensation in old age, illness, work injury, unemployment and childbirth.

Article 73 Laborers shall enjoy social insurance benefits according to law under the following circumstances: 1. Retire; 2. Diseases and injuries; 3. Work-related disability or occupational disease; 4. Unemployment; 5. Fertility.