Is there a pension for the elderly after 60 years old abroad? A brief comparison between Chinese and American pensions

There may always be people who say that it is wonderful to go abroad, and everyone has a pension. It feels good, but the reality is cruel. Tell you about the American pension system:

The American pension system is a compulsory social insurance tax; What our country pays now is called social insurance premium. There is still an essential difference between fees and taxes, and the compulsory tax is much higher than fees. Tax evasion needs to pay fines and late fees, and tax evasion generally only has late fees.

Although China still stipulates that employees of enterprises must participate in social insurance and pay social insurance premiums. In fact, many enterprises do violate the law, fail to insure their employees, or even fail to pay social insurance premiums according to the payment base stipulated by the state. In particular, flexible employees can freely choose whether to participate in social insurance or not, and the payment base can also be chosen at will.

In the United States, the IRS has a very strong tax collection ability. On the one hand, if tax evasion is serious, on the other hand, its verification ability is very strong. There is a saying that "only death and taxes are inevitable in America", which is a reality. Even if you don't have a fixed address, as long as you have income, the IRS will try to find you and send you a tax bill.

In the United States, social security tax covers up to 94% of the employed population; In China, in 20 19 years, there were 7747 1 10,000 employees and 3177,000 employees, and the coverage rate eventually exceeded 40%.

The social security tax in the United States requires employees to pay 6.2%, employers to pay 6.2%, and self-employed individuals to pay 12.4%. All this money goes into the overall account, which has nothing to do with individuals.

The endowment insurance paid by our country is 8% paid by employees themselves and 16% paid by employers. Only those paid by the unit will enter the overall account, and those paid by the employees themselves will form individual accounts. If you don't get it all, you can inherit it after death. Moreover, after the death of the insured employees, their families can also receive certain funeral expenses and pensions, which are not available abroad.

The median pension in the United States is about $65,438 +0.200 ~ 1.300, which is 30%~40% of an individual's monthly salary, but it is actually very low. If you want to raise the pension, you can generally achieve it through annuity plans such as 40 1k plan. Because Americans don't have much habit of saving money, many people have a hard life after retirement and are unwilling to retire.

Retirement age, our country is 50 years old for female employees, 55 years old for female management technicians and 60 years old for male employees. And we also have a series of early retirement policies, such as special types of work, loss of work ability. The benefits of social insurance in China far exceed those in the United States. In fact, at present, our average retirement age is less than 55. What about America? 1935, the retirement age stipulated in the Social Security Act signed by Roosevelt was 65. 1956 and 196 1 year, the us congress advanced the retirement age for men and women to 62 years. However, you can only receive 70% of the standard pension.

Although the retirement age policy in the United States is so late, it is still under pressure from pension funds. Therefore, starting from 1983, the United States is prepared to raise the retirement age from 65 to 67. From 2000, it will increase by about 1 month every year until 2027. At present, the retirement age for receiving full pension is 66.

Americans have a flexible retirement age system, which can extend the retirement age to 70 and receive a standard pension 132%. China's "Regulations on the Implementation of the Labor Contract Law" stipulates that when the statutory retirement age is reached, the labor contract is terminated and the retirement age cannot be extended. The main purpose is to protect enterprises and solve the employment problem of young people. To tell the truth, our country has suffered much more than the United States. In fact, in many western countries, people generally receive pensions after the age of 65.

It is impossible to get a pension at the age of 60 abroad, and it will take several years. As for the so-called everyone has a pension, it is actually a treatment that can only be enjoyed by compulsory payment of social security tax. It is impossible to participate. So, don't always think that foreign countries are better than China.