The difference between government pension insurance and enterprise pension insurance

Legal analysis: the base is different. The payment base of endowment insurance for government agencies and institutions shall not be less than the sum of file salary and retirement fee. The payment base of enterprise endowment insurance is based on actual salary or social average salary; Different distribution methods. The basic pension for retirees of public institutions shall be uniformly distributed by social insurance agencies.

Legal basis: the State Council's decision on the reform of endowment insurance system for staff in government agencies and institutions.

Second, the scope of reform. This decision applies to units managed in accordance with the Civil Service Law, organs (units), institutions and their staff managed with reference to the Civil Service Law.

Three, the implementation of social pooling and personal accounts combined with the basic old-age insurance system. The basic old-age insurance premium is shared by units and individuals. The proportion of the unit paying the basic old-age insurance premium (hereinafter referred to as the unit payment) is 20% of the total salary of the unit, and the proportion of the individual paying the basic old-age insurance premium (hereinafter referred to as the individual payment) is 8% of the salary paid by himself, 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. Personal account storage is only used for employee pension, and it is not allowed to withdraw in advance. Interest is calculated every year according to the bookkeeping rate uniformly announced by the state, and interest tax is exempted. If the insured dies, the balance of the personal account can be inherited according to law.

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

Tenth employees should participate in the basic old-age insurance, the basic old-age insurance premiums paid by the employer and employees. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.