What does the integration of pensions mean?

The integration of pensions refers to the implementation of the same basic old-age insurance system for employees of government agencies and institutions as for employees of enterprises, that is, the establishment of a unified old-age insurance system and the equalization of pensions.

This reform aims to eliminate the dual-track system of pension benefits between enterprises, institutions and institutions in the past, so that they can adopt the same standards and rules in the calculation and payment of pensions. After the pension is merged, the staff of government agencies and institutions also need to pay the old-age insurance premium in accordance with the prescribed proportion, just like the employees of enterprises. When they reach retirement age, the amount of pension will be determined according to the individual's payment period, payment salary and other factors. In this way, it is not only conducive to the fair distribution of social resources, reduce the financial burden, but also stimulate the enthusiasm of staff in government agencies and institutions and promote the healthy development of the labor market.

The steps of endowment insurance certification are as follows:

1. Login to Social Security official website Certification: Login to Social Security official website, click "I want to certify", enter the page, select "Company Certification" or "Personal Certification", fill in the relevant information, click "Submit" and wait for the audit result. After the audit is passed, the pension qualification certification can be completed.

2. Bank outlet authentication: The insured person carries ID cards, social security cards and other materials, and goes to the local social security office hall for authentication with the assistance of staff.

3. Authentication on the mobile APP: download the relevant mobile APP and follow the system prompts, which generally includes steps such as brushing your face and pressing your fingerprint.

To sum up, the integration of pensions is an important measure for the reform of the old-age insurance system, aiming at realizing the equality of pensions between enterprises and institutions and improving social fairness and efficiency.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 11

The basic old-age insurance combines social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.