What is the difference between the balance of pension account and the amount of enterprise pension?

The balance of special pension account means that the pension insurance paid by units and individuals is included in the personal account in addition to the overall account. At present, the specific calculation is 8% of the individual's salary or average salary.

The amount of enterprise pension is three points ranging from 20% to 30% of the total salary paid by the unit or the average salary, which is included in the personal account. Some areas are only included in the proportion of individual contributions.

1. Enterprise retirement pension means that employees pay social insurance and old-age insurance during their employment, and receive retirement pension monthly after legal retirement.

Enterprise retirement pension means that employees pay social insurance pension insurance during their working years and receive retirement pension monthly after statutory retirement. The balance of pension account refers to the part of the pension insurance premium paid by units and individuals that is included in the overall plan, and part of it is included in the pension account. The interest rate associated with the personal account bookkeeping interest rate announced by the state becomes the pension account balance.

2. Social security includes old-age insurance. If the payment is 15 years, you will enjoy pension benefits on a monthly basis after retirement. Usually, we hear that there are personal accounts and co-ordination accounts for endowment insurance, and some of the endowment insurance funds paid by enterprises and themselves go into co-ordination accounts and some into personal accounts. The expenses recorded in the personal account and the interest generated from the personal account published by China are also called the special pension account balance.

Three, the purpose of the pension account balance is to protect the pension life of specific citizens. The establishment of endowment insurance fund through redistribution and savings in China is conducive to the intergenerational replacement of labor force, realizing the retirement of the elderly and the smooth employment of new labor force. At the same time, it can guarantee the life of the elderly and improve the enthusiasm of young workers.

On April 5, 20 16, Ministry of Human Resources and Social Security said that with the approval of the State Council, Ministry of Human Resources and Social Security and the Ministry of Finance issued the Notice on Adjusting the Basic Pension for Retired Persons in 20 16. From April of 20 16 1 year, the basic pension level of retirees from enterprises, institutions and institutions who have gone through retirement formalities according to regulations before the end of 20 15 and received the basic pension on a monthly basis will be raised, and the overall adjustment level will be about 6.5% of the monthly basic pension of retirees from 20 15 years.