How to deal with teachers' retirement salary after the integration of old-age insurance

The new regulations only achieve institutional integration, and the gap between government agencies and enterprises will still exist for a long time. However, the new regulations ensure that the pension benefits of "old people" and "middle people" in institutions and institutions will not be reduced, while the pension benefits of "new people" will be slightly reduced.

Retirement salary of teachers after the integration of endowment insurance:

According to the decision, if you decide to join the work after implementation, and the individual payment period is over 15 years, you will be paid the basic pension on a monthly basis after retirement;

If you work before the implementation of this decision and retire after the implementation, and the cumulative payment period is 15 years, you will be given basic pension and personal account pension, and then you will be given transitional pension according to the length of the deemed payment period;

If the retirement age is reached after the implementation of this decision, but the accumulated period of individual contributions is less than 15 years, refer to the "Several Provisions on the Implementation of the Social Insurance Law of People's Republic of China (PRC)" (OrderNo. Ministry of Human Resources and Social Security13);

Those who have retired before the implementation of this decision will continue to pay basic pensions according to the original treatment standards stipulated by the state, and at the same time implement the basic pension adjustment measures.

China will implement a basic old-age insurance system that combines social pooling with individual accounts. The basic old-age insurance premium is shared by units and individuals. The unit payment ratio is 20% of the total wages of the unit, and the individual payment ratio is 8% of the wages paid by me, which is withheld and remitted by the unit. Establish a personal account for basic old-age insurance according to the amount of 8% of my salary, all of which are formed by individual contributions.

The part where the individual salary exceeds 300% of the average salary of local employees in the previous year is not included in the base of individual contribution salary; If it is lower than 60% of the average salary of local employees in the previous year, the base of individual payment salary shall be calculated according to 60% of the average salary of local employees.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.