What is the corporate annuity when retired?Ministry of Human Resources and Social Affairs

Enterprise annuity refers to the supplementary endowment insurance system established by enterprises and their employees on the basis of participating in basic pension insurance in accordance with the law. It consists of corporate payment, personal personal payment, and investment and operation income of enterprise annuity funds. As of the end of 2021, 28.75 million employees across the country participated in the enterprise annuity. The scale of enterprise annuity investment operations reached 2.61 trillion yuan, and the investment income of that year was 124.2 billion yuan.

Many readers are very concerned. Is the company's annuity that has a great relationship with themselves? Will change work affect annuity collection? How to receive this money when retirement?

According to the relevant person in charge of the Ministry of Human Resources and Social Affairs, when employees reach the retirement age stipulated by the state or completely lose their labor capacity, they can receive the annuity of corporate annuity from a monthly, sub -or one -time one in their own business annuity account. You can also purchase all your own annuity account funds or partial purchase of commercial pension insurance products, receive benefits and enjoy the corresponding inheritance right according to the insurance contract. At the same time, the enterprise annuity account of the settlement of the settlement (border) can be paid to me at one time according to my request.

In addition, when the employee changes the work unit, if the new employment unit has established an annuity system, the original enterprise annuity personal account rights and interests should be transferred to the new employment enterprise annuity or occupational annuity. If the new employment unit does not establish an annuity system, or the employee's enrollment, joining the army, or unemployment, the original business account of the original enterprise can temporarily manage the original management institution, or the reserved accounts set up by the collection plan initiated by the legal person trustee can be temporarily managed.

Source: People's Daily

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