Is it a loss to transfer business to enterprise social security?

Changing a public institution into an enterprise may have an impact on the social security benefits of individuals, because the payment base of public institutions is usually higher and retirement benefits are better.

Retirees from public institutions can enjoy housing subsidies in areas with better economic development, while retirees from enterprises cannot enjoy this welfare.

In addition to the basic pension, retirees from public institutions can also receive living allowances, while retirees from enterprises cannot enjoy this benefit.

In the northern region, retirees from public institutions can get heating subsidies after the heating season, while retirees from enterprises can't enjoy this special treatment.

Institutions establish occupational annuity system to supplement pensions, while enterprises establish enterprise annuity system less.

Retirees from institutions who meet certain professional titles can get transportation subsidies to offset their travel expenses.