November 6th, 2009 
youhan
Of basic old-age basic pension insurance benefits from the basic pension and individual pension accounts form. Workers to meet the statutory retirement age and the individual's contribution over 15 years, the pension on the basis of standard provinces (autonomous regions and municipalities) or city (prefectural) the previous year average monthly salary of 20%. "Pilot program" provides that in future pay increase for each year of a certain percentage of basic pension, the overall level of control in about 30%; individual contributions are less than 15 years, not to issue a basic pension, the amount of personal accounts once all the stored paid to me. Basic pension from the social pooling fund; personal accounts pension funds from the personal account to pay the monthly payment rates are based on the amount I saved by dividing the 120 account. Individual account funds depleted by the social pool fund. Been retired personnel, based upon the provisions of the original sent to the State pension; in 1997, unifying the nation's basic old-age insurance system for enterprise employees who started working before the staff, issued after his retirement pension and individual account-based pension on the basis of , and then sent to a transitional pension.
The basic pension recipients death, his dependents in accordance with state regulations to receive funeral benefits, funeral grants from the basic pension insurance fund.
The adjustment of the level of basic pension from the Ministry of Labor and Social Security cost of living for urban residents and the Ministry of Finance with reference price index increases in wages and working conditions proposals to the State Council for approval after the implementation of the unified organization.
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