CCTV news:Yesterday (November 25), the personal pension system was launched, which is of great concern to society as a whole and which worries you and me after retirement. The Ministry of Human Resources and Social Security, the Ministry of Finance, and the State Administration of Taxation issued a notice explaining that the personal pension system will be implemented in 36 pilot cities and regions including Beijing, Tianjin, Shijiazhuang in Hebei, New Area Xiongan , and Jincheng in Shanxi. Eligible people in the leading cities can voluntarily participate in the personal pension business.
Currently, the first batch of 23 commercial banks announced by the China Banking and Insurance Regulatory Commission that can start personal pension business are gradually conducting docking tests with the personal pension information management service platform of the Ministry of Human Resources and Social Security . The list of commercial banks that have completed the docking test is published on the national social insurance public service platform, and the public can inquire through channels such as the platform and electronic social security cards. The Ministry of Human Resources and Social Security will update the relevant list in real time according to the access status of the commercial bank system.
I believe that everyone hopes that their old age life will be more comfortable and of a higher quality, which is inseparable from a certain economic security. First, what is a personal pension? To explain this issue, we must first start with our country’s pension insurance system.
my country’s multi-level pension insurance system mainly consists of “three pillars”. The first pillar is basic endowment insurance, including basic endowment insurance for urban workers and basic endowment insurance for urban and rural residents. The first pillar is based on securing the basics, and adopts an organizational model that combines social accumulation and personal accounts to reflect social solidarity and has a relatively complete organizational system. At present, the number of people covered has reached 1.05 billion, and the accumulated fund is more than 6 trillion yuan. The operation of the fund is generally stable, and the benefits are paid in full and on time.
The second pillar is an enterprise annuity and an occupational annuity, established by employers and their employees, They mainly play a supplementary role and have a good foundation for development. As of the second quarter of 2022, more than 75 million workers have participated in enterprise (occupational) annuities, and the accumulated funds have reached nearly 4.7 trillion yuan, and the supplementary pension effect has reached the obvious at first.
The third pillar is personal savings pension insurance and commercial pension insurance, including specifically personal pensions and other personal commercial pension financial services. Previously, there was no national unified institutional arrangement, namely the lack of the multi-level pension insurance system.
Jia Jiang, deputy director of the Pension Insurance Department of the Ministry of Human Resources and Social Security:Personal pension is the part of the third pillar that has institutional arrangements, namely a supplementary pension insurance system supported by government policy, voluntary participation by individuals, and market-oriented operation. The establishment of the personal pension system is an important measure to improve my country’s multi-level and multi-column pension insurance system, which is conducive to promoting the sustainable development of my country’s pension insurance system.
Sun Jie, Deputy Dean of the School of Insurance, University of International Business and Economics:(Personal pension) is government-led and market-driven, and includes not only commercial pension insurance, but also public funds, wealth management products, and trust funds.
In summary, personal pension refers to the supplementary pension insurance system supported by government policies, voluntary participation by individuals, and market-oriented operation Enterprise and occupational annuities are related to each other.
From this perspective, personal pensions are really supplementary pension insurance. As we already have basic pension insurance, and some units also have enterprise annuities, why do we need to buy personal pensions? What favorable policies can be enjoyed by participating in the personal pension business? Come and listen to expert analysis.
Mo Rong, President of the Chinese Academy of Labor and Social Security Sciences:It is useful to help us personally to plan and organize our pension in the future. Our personal pension operates personal accounts, and we can buy corresponding financial products that meet the regulations according to our needs. these financial products have passed the review of some governments. white list.
In addition, the policy support for personal pensions is mainly reflected in favorable tax policies. According to the announcement of the Ministry of Finance and the State Administration of Taxation on personal income tax policies related to personal pensions, in connection with payment, individual contributions to personal pension fund accounts will be included in the comprehensive income or operating income according to the limit standard of 12,000 yuan per year In the investment link, the investment income contained in the personal pension fund account is temporarily exempted from personal income tax; in the receiving link, the personal pension received by the individual is not included in the comprehensive income, and the individual income tax is calculated and paid separately at a tax rate of 3%. , the taxes paid are included in the item “income from wages and salaries”.
Sun Jie, Deputy Dean of the School of Insurance, University of International Business and Economics:After the market operates, it’s actually a closed operation, so it’s actually a way for individuals to save an amount of money for themselves in the future, and then the government provides tax incentives, so this is actually beneficial for individuals of. So, one is the tax saving effect, which is actually an additional guarantee for the future.
It can provide an extra level of security in old age, and the personal pension system naturally attracts attention. The action measures jointly announced by five departments including the Ministry of Human Resources and Social Security and the Ministry of Finance made it clear that the personal pension system has a wide range of coverage. So who exactly can join the personal pension system, and why are you making such a regulation?
Sun Jie, Deputy Dean of the School of Insurance, University of International Business and Economics:The people participating in the personal pension system should now be some basic groups covered by the basic pension insurance. If there is no first pillar, the insurance participation records of the basic pension insurance cannot be recorded in the system, and we they can enjoy the preferential treatment of tax deferral.
From the point of view of system functions, participation in individual pensions can only reflect the function of supplementary endowment insurance by participating in the basic endowment insurance and realizing the premise of guaranteeing the basics. In terms of coverage, my country’s basic pension insurance system has achieved full coverage of the system, and the number of people participating in the insurance has reached 1.05 billion, basically covering the working-age population. On this basis, if willing employees participate, they can realize a long-term personal pension payment and continuously increase the accumulation of money in personal accounts.
The personal pension business was implemented for the first time in 36 leading cities and regions How to implement the whole process of opening accounts to receive? Take a look.
Step 1: Through the national unified online service portal or channels such as commercial banks, select the “open a personal pension account” service to establish a personal pension account.
Step 2: Open a personal pension fund account through channels such as mobile banking or commercial bank counters. Through commercial bank channels, participants can complete the opening of personal pension accounts and personal pension fund accounts at the same time.
Step 3: Make a one-time or installment payment to the personal pension fund account within a calendar year via cash, mobile banking or online personal banking. It should be noted that the personal pension payment is subject to limit control The current annual payment limit is 12,000 yuan, and payment beyond the limit is not allowed.
Step 4: In the payment step, choose to use the “Individual Income Tax” APP to scan the code, etc. during the withholding and prepayment, that is, the income from wages and salaries, withholding and prepayment of service income labor back to the cumulative withholding method, or the settlement and payment, the way to enjoy favorable tax policies.
Step 5: Purchase compliant personal pension products such as savings deposits, wealth management products, commercial pension insurance, and public funds through personal pension product sales channels.
Step 6: When receiving, through commercial bank channels, you can choose to receive personal pensions on a monthly, installment or one-time basis. After the commercial bank agency withholds and pays the personal income tax, it will be transferred to r personal social security card.
Information about the whole process of individual participation in personal pensions is available through the national unified online service portal to inquire about personal rights and interests such as accounts relating to personal pensions, payments, transactions and receipt, as well as personal pension products and publishers.
Finally, there is another question that everyone is particularly concerned about. After the money is deposited in the personal pension account, how can the money be used, and how can it maintain and increase its value?
In the “Personal Pension Implementation Measures”, it is clear that the personal account system is implemented for personal pensions, and the payment is fully paid by the participants themselves Accumulated fully, enjoy favorable tax policies in accordance with relevant state regulations.
The “Implementing Measures” state that participants decide independently on the types and amounts of personal pension products purchased with funds in their personal pension fund accounts. Agencies selling personal pension products must follow the principle of “sales attribution” and provide risk warnings, and will not actively recommend personal pension products to participants who exceed their risk tolerance.
[
责编：王宏泽 ]
