Detailed rules for the implementation of endowment insurance regulations

Endowment insurance is an important part of social security system and one of the five most important social insurances. The so-called endowment insurance (or endowment insurance system) is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age. Measures for the administration and supervision of endowment insurance funds: Article 25. The new rural social endowment insurance fund is included in the district (county) financial accounts, and the district (county) is used as the unit for accounting and management. The financial department of the district (county) shall set up a special account to manage the new rural social endowment insurance fund of the district (county) for special purposes. No department, unit or individual may lend, misappropriate or occupy it. Twenty-sixth city, district (county) financial department shall arrange funds according to the budget of the new rural social endowment insurance fund prepared by the labor and social security department to ensure the timely and full payment of the new rural social endowment insurance benefits. Twenty-seventh city, district (county) agricultural insurance agencies should establish and improve the financial, accounting and statistical systems of the new rural social endowment insurance fund. District (county) should prepare the budget and final accounts of the new rural social endowment insurance fund on an annual basis. Twenty-eighth, the new rural social endowment insurance fund shall be maintained and increased in accordance with the relevant provisions of the national social insurance fund, and no unit or individual may change its nature and use without authorization. Twenty-ninth, the financial audit department is responsible for auditing and supervising the income and expenditure and management of the new rural social endowment insurance fund. Thirtieth, the Municipal Social Insurance Supervision Committee in accordance with the relevant provisions of the new rural social endowment insurance policy implementation and fund management supervision. Measures for urban residents' old-age insurance: those who have records of urban and rural residents' old-age insurance and basic old-age insurance payment, who meet the conditions of receiving basic old-age insurance benefits on a monthly basis at retirement age, will receive old-age benefits according to the provisions of basic old-age insurance, and the insurance premiums paid in urban and rural residents' old-age insurance should be converted into the payment and fixed number of years of basic old-age insurance; Do not meet the conditions of receiving the basic old-age insurance monthly, can be in accordance with the basic old-age insurance.

Legal objectivity:

Endowment insurance is an important part of social security system and one of the five most important social insurances. The so-called endowment insurance (or endowment insurance system) is a social insurance system established by the state and society according to certain laws and regulations to solve the basic life of workers who reach the working age limit stipulated by the state and terminate their labor obligations or quit their jobs because of old age. General provisions of social endowment insurance regulations: Article 1. In order to ensure the basic livelihood of workers after retirement and maintain social stability, these Regulations are formulated in accordance with the Constitution of People's Republic of China (PRC) and relevant laws and regulations, and in combination with the actual conditions of various provinces. Article 2. These Regulations apply to the following units and personnel within the administrative area of our province (hereinafter referred to as the insured): (1) All enterprises, urban individual economic organizations and laborers who form labor relations with them; (two) state organs, institutions, social organizations and workers who have established labor contract relations with them. Measures for raising and distributing endowment insurance funds for state organs, financial institutions and social group work personnel shall be formulated separately by the provincial people's government. Article 3. Social endowment insurance is divided into statutory basic endowment insurance, local supplementary insurance and unit supplementary insurance. The government encourages qualified localities and units to establish supplementary insurance for the insured. Fourth, the social insurance department is in charge of social endowment insurance and implements systematic management. Article 5. Social endowment insurance combines social pooling with individual accounts, and the cost of endowment insurance is reasonably borne by the state, units and individuals. Endowment insurance benefits are linked to the insured's payment wages and payment years, and a reasonable adjustment mechanism is established to adapt it to the development of national economy and people's living standards. Article 6. The people's government must ensure the raising of endowment insurance funds and the payment of benefits. The endowment insurance fund, its income and various endowment insurance benefits shall be exempted from taxes and fees in accordance with state regulations. Measures for the administration and supervision of endowment insurance funds: Article 25. The new rural social endowment insurance fund is included in the district (county) financial accounts, and the district (county) is used as the unit for accounting and management. The financial department of the district (county) shall set up a special account to manage the new rural social endowment insurance fund of the district (county) for special purposes. No department, unit or individual may lend, misappropriate or occupy it. Twenty-sixth city, district (county) financial department shall arrange funds according to the budget of the new rural social endowment insurance fund prepared by the labor and social security department to ensure the timely and full payment of the new rural social endowment insurance benefits. Twenty-seventh city, district (county) agricultural insurance agencies should establish and improve the financial, accounting and statistical systems of the new rural social endowment insurance fund. District (county) should prepare the budget and final accounts of the new rural social endowment insurance fund on an annual basis. Twenty-eighth, the new rural social endowment insurance fund shall be maintained and increased in accordance with the relevant provisions of the national social insurance fund, and no unit or individual may change its nature and use without authorization. Twenty-ninth, the financial audit department is responsible for auditing and supervising the income and expenditure and management of the new rural social endowment insurance fund. Thirtieth, the Municipal Social Insurance Supervision Committee in accordance with the relevant provisions of the new rural social endowment insurance policy implementation and fund management supervision. Measures for urban residents' old-age insurance: those who have records of urban and rural residents' old-age insurance and basic old-age insurance payment, who meet the conditions of receiving basic old-age insurance benefits on a monthly basis at retirement age, will receive old-age benefits according to the provisions of basic old-age insurance, and the insurance premiums paid in urban and rural residents' old-age insurance should be converted into the payment and fixed number of years of basic old-age insurance; Do not meet the conditions of receiving the basic old-age insurance monthly, can be in accordance with the basic old-age insurance.