How much old-age insurance goes into personal accounts?

Personal accounts of employees' basic old-age insurance are credited to 1 1% of the base of individual contributions, including all individual contributions and enterprise contributions transferred to social insurance agencies. 1, and the individual contribution ratio 1997 shall not be less than 4% of my contribution salary; 2. The transferred part of the enterprise shall be supplemented to 1 1% of the individual contribution wage base.

When workers reach a certain age, they often lose their ability to work because of old age. In order to ensure their basic needs, the state requires employees to pay endowment insurance at work, so that they can get a certain amount of economic income every month after retirement. So what is the proportion of individual pension accounts? What are the conditions for receiving a pension? Next, let me answer your question.

I. Proportion of individual pension accounts

When it is transferred to personal account, it is included in the proportion of 8%.

On-the-job personnel pay endowment insurance: 20% of the unit is included in the overall pension insurance, and 8% of the individual payment is included in the personal account.

Freelancer status payment: 8% of the total 20% will be transferred to personal account, and 1 1% will be transferred to pension insurance as a whole.

Second, the pension conditions

Individuals who participate in the basic old-age insurance can receive the basic old-age pension on a monthly basis if they have paid 15 years when they reach the statutory retirement age. In other words, employees who participate in endowment insurance must meet two conditions before they can receive pensions: first, they must reach the statutory retirement age; Second, the accumulated endowment insurance premium has reached 15 years.

According to the relevant regulations, the legal retirement age of employees in Chinese enterprises is: 60 years for men, 50 years for women employees and 55 years for women cadres. Engaged in underground, high altitude, high temperature, particularly heavy manual labor or other jobs harmful to health (hereinafter referred to as special jobs), the retirement age is 55 years old for men and 45 years old for women; Disabled due to illness or non-work-related, the retirement age is 55 years old for men and 45 years old for women, which is certified by the hospital and confirmed by the labor appraisal committee.

Article 16 of the Social Insurance Law: Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have accumulated contributions for fifteen years.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Third, the main classification

Pensions in China are mainly divided into two categories: retirement pensions for employees in government institutions and retirement pensions for employees in enterprises. These two systems are generally called "dual-track system" by public opinion. There is a huge difference in treatment between the two, which is a discriminatory system that has lasted for 20 years in China. There are three differences:

1, the overall planning method is different, that is, the enterprise personnel are paid by the unit and the employees themselves according to a certain standard, and the institutions and institutions are funded by the government;

2. Payment channels are different, that is, employees of enterprises are paid by self-raised accounts, and institutions are paid by finance;

3. The standard of enjoyment is different, that is, the pension standard of government agencies and institutions is much higher than that of enterprise retirees, and the gap is about 300%~500%.

The above is the proportion of personal pension accounts I introduced to you. According to relevant policies, the proportion of individual pension accounts is 8%. As long as the insured reaches the retirement age and has paid the old-age insurance for a specified period of time, he can go through the relevant procedures for receiving the pension and receive a certain amount every month.