The contributions of the enterprise annuity company are entirely attributed to the individual employees, as follows:
1, reaching the legal retirement age, completely losing the ability to work or dying;
2. The annuity plan is terminated due to operational problems;
3. The employee terminates the labor contract by the enterprise without fault, or the enterprise terminates the labor contract illegally;
4. The labor contract expires and the labor contract is not renewed due to enterprise reasons;
5. Other circumstances agreed by both parties.
The Measures for Enterprise Annuity stipulates that the annual salary plan formulated within the enterprise shall include participants, the proportion and mode of fund raising and distribution, account management, ownership of rights and interests, fund management, payment and payment methods, change and termination of the plan, organizational management and supervision methods and other matters agreed by both parties. In the process of implementation, if it is really necessary to change the annuity plan, it should also be negotiated between the enterprise and the employees before the annuity plan can be changed. With regard to the enterprise annuity scheme, the ownership of rights and interests is agreed as follows: employees can apply for payment of enterprise annuity after they become regular employees. After working for 9 years, the part of the enterprise annuity paid in the previous year and the investment income can be completely attributed to the employees.
I. The process of handling enterprise annuities is as follows:
1, and make an announcement to the public in official website, Ministry of Human Resources and Social Security;
2. The applicant submits the application materials at the specified time and place, and the examination and approval department conducts a preliminary examination of the application materials. Those that do not meet the requirements will not be accepted;
3. Inquire about the punishment of the applicant in the past three years from the competent department of industry;
4. Organize on-site inspection as appropriate;
5. Organize expert review;
6, according to the prescribed procedures for examination and approval of expert evaluation opinions, make an administrative licensing decision, and the results will be published on the official website of Ministry of Human Resources and Social Security.
Two, the enterprise annuity is the supplementary old-age insurance provided by enterprises for employees. After retirement, employees can receive it monthly or at one time according to their own wishes, but the following conditions must be met:
One is the death of employees, and the other is that employees go abroad to settle down. The annual payment is based on the balance of your enterprise annuity until it is paid, so it is up to you to decide how many years the enterprise annuity belongs to employees, but not more than 8 years.
The enterprise contributions and investment income in the personal account of enterprise annuity of employees can be agreed with employees to be owned by employees from the beginning, or they can be agreed to be owned by employees gradually with the increase of their working years in the enterprise, and the maximum period of full ownership is not more than 8 years. The period for the payment of enterprise annuity units to be completely owned by individuals is eight years. According to the Measures for the Administration of Enterprise Annuities, enterprise annuities are paid by individuals and units according to a certain proportion, and the part paid by individuals always belongs to individuals. However, the part paid by the unit should be included in the personal account according to the provisions in the Measures for the Administration of Enterprise Annuities. However, as long as the unit has worked for eight years, the part paid by the unit is also included in the personal account in full.
Three. Withdrawal time of enterprise annuity:
1. After the death of employees or retirees, the personal account balance of enterprise annuity can be inherited and withdrawn at one time;
2, workers abroad (border) settled personnel, according to my request a one-time extraction;
3. When employees retire or completely lose their ability to work, they can choose to receive enterprise annuities from personal accounts on a monthly, phased or one-time basis.
Enterprise annuity refers to the supplementary old-age insurance system independently established by enterprises and their employees on the basis of participating in basic old-age insurance according to law. Individual contributions and investment income in individual accounts of employee enterprise annuities belong to individual employees from the beginning.
I hope the above content can help you. If in doubt, please consult a professional lawyer.
Legal basis:
Article 19 of the Measures for Enterprise Annuities
Individual contributions and investment income in individual accounts of employee enterprise annuities belong to individual employees from the beginning.
The enterprise contributions and investment income in the personal account of enterprise annuity of employees can be agreed with employees to be owned by employees from the beginning, or they can be agreed to be owned by employees gradually with the increase of their working years in the enterprise, and the maximum period of full ownership is not more than 8 years.
Article 24 of the Measures for Enterprise Annuities
Meet one of the following conditions, can receive an enterprise annuity:
(1) When employees reach the retirement age stipulated by the state or completely lose their ability to work, they can receive enterprise annuities from their personal accounts on a monthly basis, by stages or at one time, or they can purchase commercial endowment insurance products with all or part of the funds in their personal accounts, receive treatment according to the insurance contract and enjoy the corresponding inheritance rights;
(two) the enterprise annuity personal account funds of the people who settle abroad can be paid to me in one lump sum according to my requirements;
(three) after the death of employees or retirees, the balance of enterprise annuity personal accounts can be inherited.
Article 25 of the Measures for Enterprise Annuities
Those who do not meet one of the above conditions for receiving enterprise annuity may not withdraw funds from the personal account of enterprise annuity in advance.