Personal endowment insurance account opening process

The insured participating in individual pension should open an individual pension account on the information platform through national social insurance public service platform, national human resources and social security government service platform, electronic social security card, handheld 12333APP and other national unified online service portals or commercial bank channels.

I. Procedures for opening individual pension accounts

(1) Personal pension account: The insured who participates in personal pension should open a personal pension account on the information platform through the national social insurance public service platform, the national human resources and social security government service platform, electronic social security card, handheld 12333APP and other national unified online service portals or commercial bank channels. Personal pension account is used to register and manage personal identity information, which is associated with the basic old-age insurance and records the payment, investment, collection, deduction and payment of personal income tax of personal pension, which is the basis for the insured to participate in personal pension and enjoy preferential tax policies.

(2) Personal pension fund account: select a qualified commercial bank to open or designate my unique personal pension fund account (which can also be designated by other qualified personal pension product sales organizations). As a special fund account, the personal pension fund account is bound to the personal pension account, providing participants with services such as fund deposit, payment quota registration, personal pension product investment, personal pension payment, personal income tax payment, fund and related rights and interests information inquiry.

Second, the conditions of individual pension participants: workers who participate in the basic old-age insurance for urban workers or urban and rural residents in China.

Three. Payment amount of personal pension: the maximum amount of personal pension paid by the insured person every year is 12000 yuan, and the annual payment amount of the insured person shall not exceed the maximum amount. Ministry of Human Resources and Social Security and the Ministry of Finance timely adjust the upper limit of payment amount according to the level of economic and social development and the development of multi-level endowment insurance system.

Four. Provisions on the payment time of individual pension: the insured can pay monthly, by stages or by year, and the payment amount is accumulated according to the natural year and recalculated in the following year.

Verb (abbreviation of verb) account opening: To participate in individual pension, the insured should open an individual pension account on the information platform through the national unified online service portal such as the national social insurance public service platform, the national human resources and social security government service platform, the electronic social security card, the palm 12333APP and other commercial banking channels. After opening an individual pension account, choose a qualified commercial bank to open or designate my unique individual pension fund account (or designate it through other qualified individual pension product sales organizations).

Intransitive verb payment method: Commercial banks can open personal pension fund accounts for participants through their own counters or electronic channels, and support participants to settle accounts and pay fees in cash through commercial banks and non-bank payment institutions.

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

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.

Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration.