Job Recruitment Website - Social security inquiry - Is the enterprise retirement salary paid by the Social Security Bureau?

Is the enterprise retirement salary paid by the Social Security Bureau?

Legal analysis: Yes, the retirement salary of the enterprise is paid by the social insurance department of the insured place.

Legal basis: Article 9 of the Interim Measures of the State Council on Retirement and Resignation of Workers stipulates that the retirement expenses and living expenses of retired workers shall be paid by the enterprise administration; Party and government organs, mass organizations and institutions shall be paid by the civil affairs departments at the county level where retired and resigned workers live in separate budgets.

Article 64 of the Social Insurance Law of People's Republic of China (PRC) includes basic old-age insurance fund, basic medical insurance fund, industrial injury insurance fund, unemployment insurance fund and maternity insurance fund. In addition to the basic medical insurance fund and maternity insurance fund combined accounting, other social insurance funds are accounted for separately according to social insurance types. Social insurance funds implement a unified accounting system throughout the country. The social insurance fund is earmarked for special purposes, and no organization or individual may occupy or misappropriate it. The basic old-age insurance fund will gradually implement national overall planning, and other social insurance funds will gradually implement provincial overall planning. The specific time and steps shall be stipulated by the State Council.