Alipay inside the pension insurance reliable

Alipay's pension insurance products are more, different products have different rules for receiving and different yields, which can be used as a pension after retirement, or as a child's education fund.

The most crucial thing is that the content of the pension insurance on Alipay is relatively simple, in addition to the basic rules of enrollment, there are annuity receiving rules and the agreement of the death benefit, after clearing these rules, participants basically do not need to spend too much effort here.

Social pension insurance is a social insurance system established by the Chinese government according to certain laws and regulations to solve the basic livelihood of workers after they reach the working age limit set by the state for the termination of their labor obligations or quit their jobs due to loss of working capacity in old age. Pension insurance is an important part of the social security system and is one of the most important of the five major types of social insurance.

According to the decision and deployment of the CPC Central Committee and the State Council, the national coordination of pension insurance will be implemented from January 2022 onward.

The "Twelfth Five-Year Plan" period is a period of attack for China to comprehensively deepen reform and opening up, accelerate the transformation of the mode of economic development, and comprehensively build a moderately prosperous society, as well as a critical period for the insurance industry to realize structural adjustment.

The Outline of the Twelfth Five-Year Plan for the Development of China's Insurance Industry proposes to vigorously expand the business of corporate annuities, support enterprises in a position to establish commercial pension plans, improve the level of protection for employees, explore the business of personal pension annuities, and broaden the field of commercial pension insurance services.

China's pension security system has three levels: basic social pension insurance, supplemental enterprise pension insurance and individual savings pension insurance. The coverage of government-led social security has been expanding, and China's social pension insurance for urban residents has basically realized comprehensive coverage. However, as the principle of social security protection is "low level and wide coverage,"

The current pension insurance system still has major problems, and the huge demand in the pension insurance market cannot rely solely on social security for its coverage, and the replacement rate of old-age pension insurance is not as high as it should be. The replacement rate of old age pension has been declining year by year since the end of the last century, and is now less than 47%. There is an urgent need for commercial insurance to participate in social security, and through the combination of commercial insurance and social security mechanism, the pressure of social security pension can be diverted, and a multi-level pension security system can be set up for the whole society.

Pension insurance is within the legal scope of the elderly "completely" or "basically" out of the social and labor life before the role of the automatic. The so-called "complete" is characterized by the separation of the worker from the means of production; the so-called "basic" means that participation in productive activities is no longer a major part of social life. The legal age limit is the practical measure of this.