Occupational annuity is a retirement security system provided by enterprises or institutions for employees, which belongs to the welfare treatment jointly invested by employers and employees. Occupational annuity payment standards are generally paid by enterprises and employees in accordance with the agreed proportion, and are clearly defined in labor contracts or collective contracts. In practice, there may be many situations in the payment standard of occupational annuity. Some companies require employees to pay a certain percentage of their wages as occupational annuities, while others take the form of full payment by enterprises. In addition, the payment standard of occupational annuity can also be implemented according to the relevant provisions of the state or the guidance of tax authorities. Both enterprises and employees should conscientiously fulfill their obligations to pay occupational annuities in accordance with relevant regulations, and may not illegally evade or default on the payment of occupational annuities.
How to determine the payment standard of occupational annuity? The payment standard of occupational annuity is generally paid by enterprises and employees in accordance with the agreed proportion, and is clearly defined in the labor contract or collective contract. Enterprises and employees can also negotiate to determine the payment standard according to the demand and actual situation. In practice, the payment standard of occupational annuity needs to be implemented in accordance with the relevant provisions of the state and the guidance of tax authorities.
Occupational annuity is a retirement security system provided by enterprises or institutions for employees. Occupational annuity payment standards are generally paid by enterprises and employees in accordance with the agreed proportion, and are clearly defined in labor contracts or collective contracts. In the process of paying the occupational annuity, you should consciously fulfill your obligations and not evade or default on the payment of the occupational annuity. If in doubt, it is recommended to consult relevant professionals.
Legal basis:
Article 12 of the Social Insurance Law of People's Republic of China (PRC) * * * The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic insurance premium for selling used goods according to the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premium in accordance with state regulations and record it in the basic old-age insurance pooling fund and individual account respectively.