The difference between socialized retirement and retirees

The difference between social retirement and enterprise retirement is as follows:

1, with different concepts;

2. Different funding channels;

3. Different payment methods. Retirement benefits as long as individuals pay pensions and units pay pensions, there is no difference, as long as the contribution coefficient is the same. Individuals who participate in the basic medical insurance for employees will not pay the basic medical insurance premium after retirement if they reach the statutory retirement age and enjoy the basic medical insurance benefits. Those who have not reached the retirement age can pay the fees to the fixed number of years stipulated by the state. The higher the payment base, the longer the payment period and the higher the pension.

The amount of pension is related to the following factors:

1, the average social wage in the last year before retirement (province or municipality directly under the central government);

2. Length of service (determined by the labor department according to the documents);

3, the annual payment base (recorded);

4, personal account storage (including unit transfer);

5. Payment period (actual payment period).

To sum up, the socialized management service for enterprise retirees refers to the separation of management services from the original enterprises after the employees go through retirement procedures, and the socialized distribution of pensions is transferred to the territorial management of personnel in urban streets and communities, and the corresponding management services are provided by community service agencies.

Legal basis:

Article 16 of People's Republic of China (PRC) Social Insurance Law

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

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.

Article 50

The employing unit shall issue a certificate of termination or dissolution of labor relations for the unemployed in time, and inform the social insurance agency of the list of unemployed persons within fifteen days from the date of termination or dissolution of labor relations.

Unemployed persons shall, with the certificate of termination or rescission of labor relations issued by their own units, go to the designated public employment service institutions for unemployment registration in time.

Unemployed people with unemployment registration certificate and personal identity documents, to the social insurance agencies to receive unemployment insurance procedures. The time limit for receiving unemployment insurance benefits shall be calculated from the date of unemployment registration.