Has pension policy changed? Don't get it wrong
Half Moon Talks with Reporter Zhang Chao
Pharaoh downstairs forwarded a Xinhua news agency draft, the content of which is the "Opinions on Promoting the Development of Personal Pensions" issued by the General Office of the State Council.
He then left a message, feeling that the matter was important, but was confused as to where it was related to himself.
He also rambled, does the pension policy change, and I have to rely on myself in the future?
Pharaoh's worries are representative, but they are not on point.
The implementation of the personal pension policy is something that experts and scholars have been calling for, benefiting the country and the people.
As the "third pillar" of endowment insurance, personal pension is a supplement to the "first pillar" basic endowment insurance and an integral part of the multi-level endowment insurance system.
Therefore, it is not that we must rely on ourselves for old-age care in the future. The basic old-age insurance for mandatory contributions has not changed, but there is an additional way to pre-deposit old-age pensions.
The essence of personal pension is a long-term savings tool. Leaving the present money for future spending means that individuals take the initiative to "block" the current surplus, so as to obtain more cash flow when "unblocking" for retirement and avoid "old age". bankruptcy".
Lao Wang asked, why do you want to take the initiative to "seal and control" the remaining money, isn't it good to consume it now?
The country has thought about it, so that Lao Wang consumes less now, he is bound to go through a relatively "painful" adjustment process. After all, he has to buy one less cup of milk tea or one pack of cigarettes a day.
In order to attract and adjust current consumption, the country has also "arranged" the cost of adjustment, that is, preferential tax policy, which is the core of personal pension policy.
If we refer to the individual tax-deferred commercial endowment insurance that has been piloted, the money that Lao Wang is now "sealed and controlled" is tax-free, that is, the personal salary is deducted from this money and then the individual tax is paid.
When the investment is taken out after retirement, the tax is still favorable, and the personal tax is no longer paid according to the current 3% to 45% excess progressive tax rate of comprehensive income, but only 7.5% of the personal pension preferential tax rate.
Some people are born with a habit of planning ahead.
Theoretically speaking, the deeper the social aging is, the greater the burden of social pensions will be, and the pensions will be more and less porridge, which can only reduce the public pension benefits.
If there is such a pre-judgment, and now you have the will and ability to reduce current consumption, why not do it, take the initiative to "lock and control" the remaining money, and leave it to yourself in 20 or 30 years.
Save 10,000 yuan for yourself every year, plus the compound interest of investment income, you will be pleasantly surprised to have a "huge" wealth when you "unblock".
The old king was a little moved.
Thinking about whether he can participate, whether it is troublesome to open an account, and whether the funds are safe?
Individual pensions are entirely based on individual voluntariness. As long as workers who participate in the basic pension insurance in China can participate, the number of people covered by the insurance has reached 1.03 billion.
Most people can participate, but the Ministry of Human Resources and Social Security should carefully organize some cities to try it out for one year, and then gradually expand it after summarizing experience. The pilot cities have not been announced yet.
Opening an account is not a hassle.
According to the system design, personal pensions implement the personal account system. To participate in personal pensions, two accounts need to be opened: one is to establish a personal pension account on the information platform for information recording, inquiry and services, etc.; the other is to open in the bank. Or a designated personal pension fund account for payment, product purchase, and income collection.
Personal pension accounts are relatively safe, because they will be locked until retirement, and the funds in the account are closed and run only during the payment stage.
The total annual payment limit currently does not exceed 12,000 yuan, and the upper limit of payment will be raised in the future.
As long as it is within the limit of 12,000 yuan, whether Lao Wang chooses 6,666 yuan or 8,888 yuan, he can decide how much to pay, and he can choose to pay in one time or in installments within the same year.
Some Pharaohs with investment and financial management experience are also worried about the expected returns of personal pensions, not even the principal.
The rate of return on investment is a key factor in determining the vitality of individual pensions.
Funds in individual pension accounts can be used to purchase financial products such as bank wealth management, savings deposits, commercial pension insurance, and public funds that meet the regulations.
Investment must have risks, choose independently, and bear the corresponding risks.
From experience, over the years, domestic social security funds, basic pension insurance funds, annuity funds and other long-term funds have participated in capital market investment, and long-term returns have been considerable.
The China Banking and Insurance Regulatory Commission will encourage financial institutions to launch more products that are conducive to the steady appreciation of pensions, and explore to provide participants with reasonable returns through long-term investment and value investment.
May your growing pension savings grow old with you.
When entering the stage of old age, personal pension plus the "basic plan" of endowment insurance will take the initiative to attack the "defense war" of old age. After long-term preparation, the probability of winning must be relatively high and winning a happy old age.