1. Pension, also known as pension and retirement fee, is the most important social pension insurance treatment. That is to say, according to the relevant national documents, the beneficiary society needs to pay the insurance benefits on a monthly or lump-sum basis in the form of money according to its contribution to society and its eligibility or retirement conditions.
2, mainly used to protect the basic needs of employees after retirement. Pensions are accumulated and operated according to the principle of accumulation by the state, the collective and the individual. When people are in their prime of life, part of the wealth created is invested in pension plans to ensure a sense of security in their later years.
3. Provident fund refers to the company's provident fund and housing provident fund. The company's common reserve fund is the fund drawn by the company outside its capital. According to whether the retention of provident fund is legally mandatory, provident fund can be divided into statutory provident fund and arbitrary provident fund.
4. In addition, the housing accumulation fund refers to the long-term housing savings paid by state organs, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises, institutions and their employees. On April 20 16 15, the Ministry of Housing and Urban-Rural Development issued a new policy: the deposit ratio of housing provident fund should not be higher than 12%, and enterprises with difficulties in production and operation can apply for deferred payment of housing provident fund.