After the implementation of the mainland's pension insurance system, those who have paid pension insurance for 15 years and reach the statutory retirement age can retire and receive a basic pension on a monthly basis. Because the mainland's old-age insurance system is singular and unique, that is, a person can only handle one social pension insurance and can only receive a basic pension.
In the basic pension in the mainland, if it is only calculated according to the part paid by the individual, the pension is actually very low. Regardless of whether it is the basic old-age insurance for urban workers or the basic old-age insurance for urban and rural residents, in addition to the contributions made by units and individuals, a large part of the money is subsidized by the government.
For example, the basic pension of urban and rural residents' endowment insurance, the part paid by the staff of government agencies and institutions among urban workers, and the deemed payment period of enterprise employees, etc., will be added to the endowment insurance fund every year with a large amount of real money in the financial budget to ensure that the pension of retirees in each place can be paid on time and in full.
Since the mainland's basic old-age insurance system has a certain social welfare nature, according to the provisions of the relevant system, a person can only handle one basic old-age insurance and can only receive one basic pension. Because the regulations of the system are like this, for most people, there is only one pension per month, in fact, there is only one basic pension per person, and there will be no two pensions. If there really are two basic pensions, it must be illegal.
But in our pension, it is divided into basic pension and supplementary pension. The basic pension is the treatment after paying the basic pension insurance. For most people, they can only enjoy a basic pension after retirement. However, in addition to the basic pension, some retirees also have supplementary pensions.
The so-called supplementary pension mainly refers to the occupational annuity of retirees of government agencies and institutions, and the enterprise annuity of enterprise retirees. In order to enjoy occupational pension or enterprise annuity, the prerequisite is that the employer and individual must apply for and pay occupational pension or enterprise annuity while they are employed.
The occupational pension of government institutions and institutions is paid from October 1, 2014, so retirees in government institutions and institutions, only those who retire after October 2014 will have occupational pensions, and those who retire from October 2014 to 216 will have less occupational pensions because the time to pay occupational pensions is relatively short, but the occupational pensions for those who retire in 2023 and 2024 are relatively long, and the occupational pensions are relatively high.
Because the occupational pension fund and the pension insurance fund are different funds, although they are managed in the Social Security Bureau, but also belong to two different departments, although the basic pension and occupational annuity are included in the calculation of pensions, some places are all sent to the bank card of the social security card, due to the different time of issuance, so this part of the people will receive two sums of money every month, one is the basic pension, and the other is the occupational annuity.
Among the employees of enterprises, some state-owned enterprises have paid enterprise annuities for employees, and the time of enterprise annuity payment is relatively early, especially the enterprise annuity of many large central enterprises, when they retire, their personal accounts have hundreds of thousands, and if they receive it monthly, they will also have two incomes per month. One is the basic pension issued by the Social Security Bureau, and the other is the enterprise annuity issued by the enterprise annuity trustee.
The basic pension is usually called the expenditure within the pension insurance pool, and the supplementary pension insurance belongs to the supplementary pension insurance fund expenditure. But many people who enjoy occupational annuities and enterprise annuities actually have a third income. That is, the various expenses issued by the original unit, also known as the income outside the pool.
The so-called income outside the overall plan mainly refers to the income other than the basic pension and supplementary pension paid in the pension insurance pool. For example, in large state-owned enterprises, some units will give employees some subsidies, allowances and welfare funds every year, which are issued by the original units, the most typical is the tobacco company. Employees in tobacco companies basically have two incomes. One is the basic pension and the enterprise annuity, and the second is the retirement living allowance issued by the original unit, which is paid by two accounts respectively.
In addition to the basic pension and occupational annuity, most of the retirees of government organs and institutions, and the retirees of some local institutions, actually have retirement living allowances. For example, some counties and cities in Sichuan, according to the financial situation of each county and city, will issue retirement living subsidies to retirees every year, some of which are called special condolence funds.
The retirement living allowance of government agencies and institutions has become an open secret, and although no information in this regard can be found in public reports, the retirement living allowance in various localities cannot be leaked because of the large number of people involved. Taking my hometown county as an example, in the past two years, it has been maintained at about 2,000 yuan per month, and it is sent once a quarter. Since the retirement living allowance is issued by the original unit and is also issued by another bank card, there are two pensions or pension income per month.
In the future, with the gradual implementation of the personal pension system, more and more people are now paying personal pensions, and some insurance companies have launched a commercial pension insurance system. In the future, those who have paid personal pension and commercial pension insurance will also receive personal pension and commercial insurance pension in addition to the basic pension when they retire.
To sum up, people who will have more than two pension incomes per month after retirement mainly refer to those who have both basic pension and supplementary pension. Supplementary pension mainly refers to the occupational annuity of government institutions and the enterprise annuity of employees of some enterprises. In addition, retirees of government agencies and institutions in some localities and retirees of enterprises in some monopoly industries are also entitled to retirement living allowances issued by their former units.