Notice of the People's Government of Fujian Province on Printing and Distributing the Interim Provisions on Retirement Endowment Insurance for Employees of Enterprises Owned by the Whole People in Fuj

Notice of the People's Government of Fujian Province on Printing and Distributing the Interim Provisions on Retirement Endowment Insurance for Employees of Enterprises Owned by the Whole People in Fujian Province Chapter I General Provisions Article 1 These Provisions are formulated for the purpose of gradually establishing a new social insurance system, guaranteeing the basic living expenses of employees of enterprises owned by the whole people after retirement, and promoting production development and social stability. Article 2 Compulsory retirement pension insurance is implemented in these Provisions. Employees of enterprises owned by the whole people (hereinafter referred to as enterprises) of provinces, prefectures, cities, counties and the central government in Fujian shall participate in retirement pension insurance according to these regulations. Article 3 The retirement pension insurance for enterprise employees shall be managed by social labor insurance companies (hereinafter referred to as social security companies) affiliated to labor departments at all levels. Chapter II Measures for Retirement and Endowment Insurance Article 4 The retirement and endowment insurance for employees of enterprises owned by the whole people shall be implemented in the following three forms:

1, fixed employees shall be subject to social pooling insurance for retirement expenses. That is, enterprises pay pension funds to social security companies according to regulations, and social security companies allocate retirement fees to enterprises according to overall projects and standards. Retired workers still receive retirement benefits from their original enterprises.

197 1 Temporary workers who participate in the work plan before the end of the year shall be subject to social pooling insurance for retirement expenses with reference to the fixed employee insurance method.

2, the labor contract workers to implement the retirement pension insurance fund system. Labor contract enterprises and employees pay retirement pension funds to social security companies, and social security companies pay pensions according to the number of years and amount of retirement pension funds paid by enterprises and employees.

Employees in mixed posts of the whole people and the collective shall implement the retirement pension insurance fund system with reference to the labor contract system employee insurance.

3, temporary workers to implement storage accumulation of old-age insurance. Enterprises and temporary workers pay retirement pension insurance premiums to social security companies, and social security companies calculate and pay pension insurance premiums according to the actual month and amount (the accumulated amount is converted into years and amount). Chapter III Raising of Retirement Pension Insurance Fund Article 5 Retirement expense pooling fund, retirement pension insurance fund and retirement pension insurance premium (hereinafter referred to as retirement pension insurance premium) shall be co-ordinated by the whole province according to the principle of "fixed income based on expenditure, slight surplus" and storage accumulation:

1. The standard for enterprises to pay retirement pension insurance premiums for their employees shall be paid uniformly according to the proportion of the total wages of all employees of the enterprise: commercial enterprises (including grain commercial enterprises) shall pay 25%; Enterprises in industry (including factories in commercial and food systems), transportation and other industries pay 17%.

2. Standard for employees to pay retirement pension insurance fund: employees who implement the second insurance method of Article 4 of these Provisions shall pay 2% of their total wages. Temporary workers who implement the third insurance method of Article 4 of these Provisions shall be paid at not less than 2% of their total wages.

The composition of total wages shall be subject to the provisions of the National Bureau of Statistics.

Retirement pension insurance premiums paid by enterprises are included in non-operating expenses. Article 6 In addition to the enterprises that have been incorporated into the overall planning of the whole province, enterprises newly incorporated into the overall planning scope of the retirement pension insurance in the whole province should pay one more month's retirement pension insurance as working capital on 1989 1 month. However, commodity grain enterprises can pay retirement pension insurance for half a month; If it is difficult to pay in one lump sum, it can be paid in installments during the year. Article 7 After the implementation of the provisions on expanding the scope of old-age insurance, for enterprises newly participating in retirement pension insurance, if there is a big difference between the fiscal revenue of prefectures and counties and the contracted base of enterprises due to the payment of retirement pension insurance premiums, the contracted base may be appropriately adjusted. However, the industrial and commercial enterprises that have participated in the overall planning of retirement expenses in the province are no longer adjusted. The specific measures shall be formulated separately by the Provincial Department of Finance. Article 8 The retirement pension insurance premium payable by an enterprise shall be uniformly entrusted by the social security company to the bank and transferred to the special account for retirement pension insurance premium opened by the local city or county social security company in the company's bank. After 1 April 19891day, the specific payment methods and procedures will be determined by local social security companies, enterprises and banks through consultation.

The retirement pension insurance premium payable by employees shall be withheld by the enterprise on a monthly basis when paying wages and paid into the special account for retirement pension insurance premium opened by the local city and county social security company in the bank where the account is opened. Chapter IV Payment of Retirement Endowment Insurance Article 9 197 1 Formal employees and planned temporary workers who have joined the work before the end of the year shall pay retirement endowment insurance premiums according to the following items and standards stipulated by the state and the province:

1, retirement fee or retirement salary or retirement living expenses;

2. Living allowance;

3. Retirement allowance;

4. Living allowance for retired cadres;

5, the main food, non-staple food price subsidies;

6, grain and oil price subsidies;

7. Living allowance in the Special Zone;

8, retired cadres special funds;

9. Death and funeral allowance.

The above retirement pension insurance premiums are allocated to enterprises by social security companies on a monthly basis and distributed to individuals by enterprises.

Expenses not included in the above insurance items, such as medical expenses, are still paid by the original enterprise according to regulations. Article 10 After retirement, the pension insurance items for employees under the labor contract system and employees in collective mixed positions under ownership by the whole people are as follows:

1, calculate the pension according to the retirement pension insurance period and amount;

2. Additional subsidies and subsidies stipulated by the state;

3. Medicaid costs;

4, death and funeral subsidies, pensions and relief funds to support immediate family members.

The above retirement pension insurance premium is paid directly by the social security company or entrusted by the relevant units. Specific payment standards and measures shall be formulated separately.