In the composition of China's pension, it is mainly divided into three parts: old-age pension, personal account pension insurance and transitional pension, but not everyone will have transitional pension. Enjoy the transitional pension should not only be regarded as the payment period, but also as the actual payment period. Only those who actually pay the fixed number of years, but not regarded as the fixed number of years, can only enjoy the old-age insurance and personal account old-age insurance.
According to types, people who enjoy transitional pensions mainly include several types of staff. First, employees of state-owned enterprises who joined the work before 1992 and retired after 1992. The continuous length of service or working time of these people before the implementation of the endowment insurance policy should be regarded as the payment period, and the actual payment period before the establishment of individual accounts will also be calculated as the payment period.
2. Employees with equal pay for equal work who belonged to state-owned enterprises before 1992 or other employees who paid the basic old-age insurance for enterprise employees will pay the enterprise old-age insurance again after the personal account is established. The payment period before the establishment of the personal account is calculated as the payment period, and the transitional pension should be added when calculating the pension.
Three, 20 14 September 30th, resigned from the administrative organs and institutions to work in enterprises, or as a freelancer to pay the basic old-age insurance for enterprise employees, because the previous years of work in administrative institutions should be regarded as the payment period, when calculating the pension, the transitional pension should be added.
Four, 20 14 September 30th to join the work, 20 10 June 30th to retire after the staff of administrative organs and institutions, because the working years before September 30th, 20 14 should be regarded as payment years, transitional pension should be calculated after the implementation of the old-age insurance policy.
Specifically, the above four groups not only have the deemed payment period, but also have the actual payment period. Regardless of the length of the payment period, the transitional pension is paid according to the regulations.
The relationship between transitional pension and buffer period is just like the relationship between time and economic success. Working before the implementation of the old-age insurance policy, or working before the establishment of a personal account, retiring after the implementation of the old-age insurance policy, or retiring after the establishment and improvement of the old-age insurance personal account, is a buffer period for the docking of the old and new retirement systems, so it is called transitional pension.
People who receive transitional pensions are generally called retirees. You and these people have crossed two different retirement systems. Finally, according to the new system, retirement is related to the calculation of pension. In order to make up for the situation that before the establishment of the personal account system, the initial deposit base was extremely low, the balance of personal account was too small, or the proportion of payment and the proportion credited to personal account were not standardized, it is not enough to supplement the personal account pension insurance premium according to the transitional pension plan.
Although the transitional pension is related to the buffer period, not everyone who enjoys the transitional pension will have a buffer period. For example, when employees retire, the transitional pension, as a part of the old-age pension, is paid monthly according to the calculated amount, with no buffer period; However, due to the lack of experience in calculating transitional pensions at that time, some provinces also set up a certain buffer period.