What is the difference between government social security and enterprise social security?

Social security of enterprises and institutions is different from that of institutions:

First, institutions and enterprises pay the same proportion of social security. However, the budget of public institutions is relatively small, and enterprises can still issue supplementary pensions without it. It should be said that good enterprises pay more than public institutions, and poor enterprises may only pay the lowest social security premium.

At present, the retirement pension is calculated according to the on-the-job basic salary plus the individual pension contribution.

Second, the social security paid by enterprises is paid by employers and employees together with the basic old-age insurance premium. Before employees of government agencies and institutions participate in the basic old-age insurance, the basic old-age insurance premium that should be paid during the payment period is borne by the government. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.

Extended data:

According to the Social Insurance Law of People's Republic of China (PRC) and other relevant regulations, the endowment insurance will be gradually reduced from 20 1 May 61day.

201710/8. Xi Jinping pointed out in the report of the 19th National Congress that the social security system should be strengthened. A multi-level social security system covering the whole people, coordinating urban and rural areas, with clear rights and responsibilities, moderate protection and sustainability will be built in an all-round way.

Full implementation of the national insurance plan. Improve the basic old-age insurance system for urban workers and urban and rural residents, and realize the national overall planning of old-age insurance as soon as possible. Improve the unified basic medical insurance system and serious illness insurance system for urban and rural residents.

Improve the unemployment and industrial injury insurance system. Establish a national unified social insurance service platform. ? [ 1]? 20 18 1 the State Council "notice on establishing the central adjustment system of the basic old-age insurance fund for enterprise employees" has been implemented since July 1965.

References:

Baidu encyclopedia-endowment insurance