This issue actually involves issues related to the connection of pension insurance between enterprises and public institutions.
Although many people have little contact with it, there are indeed corresponding documents and regulations. It is the Ministry of Human Resources and Social Security’s 2017 No. 1 document on the relevant benefits calculation and distribution parameters after the transfer and continuation of the pension insurance relationship.
However, this regulation is mainly aimed at determining the calculation method of pension benefits for government agencies and institutions to realize the flow of talents between government agencies, institutions and enterprises after the reform of the pension insurance system.
If after the pension insurance method is reformed, the transfer is from the enterprise to the government agencies and institutions, the payment records of the enterprise pension insurance are transferred according to the Interim Measures for the Transfer and Continuation of the Basic Pension Insurance Relationship for Urban Employees, and the basic pension insurance funds for employees are transferred to the government agencies and institutions for the pension. insurance fund. In fact, since the calculation method is a method, it can be said that it is exactly the same as working pension in an enterprise.
However, since government agencies and institutions have a 10-year transition period, the above calculation method is based on personnel who retire after the transition period. For those who retire during the transition period, their retirement benefits under the old method should be determined based on those with the same conditions, and then the pension will be calculated by comparing the benefits under the new and old methods. The situation is still a bit complicated.
As for the personnel mobility document before October 2014, it is Document No. 13 of 2001 issued by the Ministry of Labor and Social Security, "Notice on the Opinions on Handling Social Security Relations when Employees Move between Government Institutions and Enterprises." The document
stipulates that the retirement and pension system of government agencies and institutions will be implemented starting from the month when employees enter the government institutions from the enterprise, and their original continuous service length will be merged with the working years after entering the government institutions and institutions. Upon retirement, pensions are calculated according to the methods of government agencies and institutions. Established personal accounts are still managed by the social security agency. The savings in the personal account upon retirement are calculated at a rate of 1/120 per month, and the pensions calculated and paid according to the regulations of government agencies and public institutions are deducted accordingly.
In other words, if we enter the government agencies and institutions relatively early, then the length of service of the enterprise and the government agencies and institutions are mutually recognized and used together in the pension calculation model. This is the case even after the reform in October 2014. It can be used to calculate the transitional pension , which is calculated based on the deemed contribution index determined by the position, professional title or technical level at the time of retirement.
The corresponding benefit allocation fund belongs to the pension fund of government agencies and institutions. However, part of the benefits are paid out by the corporate pension insurance fund, which is the part of the previous personal account. The method of calculating personal account pensions has changed since 2005. It is no longer 1/120, but is determined based on the number of months determined by retirement age. Retirement at the age of 60 is 139 months, retirement at the age of 50 is 195 months, and retirement at the age of 55 is 170 months. This part of the benefits will be used to offset part of the pensions of government agencies and institutions.
Therefore, before the reform of the pension insurance system of government agencies and institutions, employees who entered the government agencies and institutions from enterprises will have their payment years based on continuous service and retire according to the pension calculation method of government agencies and institutions.
However, if people join government agencies and institutions after October 2014 and retire after October 2024, although the calculation method for pension insurance benefits of government agencies and institutions is used, it is actually similar to the corporate retirement method. , this is also a manifestation of our country’s pension merging with .
