The reform of the endowment insurance system in government agencies and institutions began at 20 14 and 10, and adopted the system of "new methods for newcomers and old methods for the elderly". That is to say, according to the old method, those who took part in the work before 20 14 and 10 were all subsidized by the state and did not have to pay "five insurances and one gold". However, after 20 14 and 10, the accounting method of new pension is consistent with that of enterprise personnel. At that time, there was also a ten-year transition period, during which the policy of limiting the height and ensuring the low was implemented for Chinese people, which was still different from the accounting method of enterprise employees' pension.
Now, many old people feel strange. They also retired. Why is there a big gap between the retirement wages of enterprise retirees and institutions? In this regard, we believe that there are two reasons: First, in addition to participating in the basic pension, government agencies and institutions also increase occupational annuities (supplementary pensions). Relatively speaking, the domestic enterprise annuity is not well done, and only about 16% of enterprises in China have implemented this system, which is mainly non-mandatory. Moreover, due to the bad economic situation, corporate profits have decreased, and it is unable to issue occupational annuities to employees.
Second, because employees of enterprises have participated in endowment insurance, their jobs are often not very stable. Usually, they have to change companies every once in a while, so the pension payment period is intermittent, even if the employer gives you a pension, it is very small. However, the employees of government agencies and institutions are different. Usually, newcomers don't leave for no reason, and after working all their lives, the unit will generally pay pensions. Therefore, employees of public institutions will definitely get more pensions after retirement than enterprises.
In addition, there are many people with high academic qualifications in public institutions, and 80% of them have positions and titles. When they are on the job, their average salary is 50% higher than that of ordinary enterprise employees, and the base of "five insurances and one gold" is also high. When they retire, their pension will be about 50% higher than that of enterprise employees. Usually, the retirement pension of employees in public institutions is calculated at 90% to 100% of their salary, while the retirement pension of enterprise employees can only be calculated at 60% of the average social salary according to the original policy.
In the future, there is still a gap between the pensions of employees in enterprises and institutions. What the state has to do now is to control the high and low, control the excessive income growth of retired high-income groups and improve the income growth of low-income groups. On the other hand, it is still based on paying more and getting more, and paying more for a long time. If you don't pay, you won't live long The more pensions there are. However, social pension is not absolutely fair, and there will still be some gaps between the two, but the gap will last for a short time. Without absolute fairness, absolute balance is the biggest unfairness.