GB/T 31596.2-2015Social insurance terminology—Part 2: Old-age insurance (English PDF)

2.1 The basic old-age insurance basicold-ageinsurance; BOI

Implementation of national legislation, the fund is formed by the insured, employers and government, multi-party financing, and pay the insured fee, to treatment

Conditions to receive material assistance provided by law, after it quit working due to old age and enjoy a social insurance system of basic living guarantee.

Note. The basic pension insurance system, including the basic pension insurance system for urban and rural residents basic pension insurance system.

[GB/T 31596.1-2015, Definition 2.2]

2.1.1 Staff basic old-age insurance workersold-ageinsurance; WOI

State basic pension insurance employers and employees to enforce (2.1) system, the implementation of joint contributions employers and employees, government

Government subsidy funding model, the basic pension and individual pension accounts to pay a combination of treatment method.

Note. No employee of the individual businesses, not the part-time practitioners and other flexible employment employer insured, can participate in the basic pension

Insurance.

2.1.2 Urban and rural residents in the basic old-age insurance residentsold-ageinsurance; ROI

After the country for the protection of urban and rural residents basic old age and the establishment of basic old-age insurance (2.1) system, individual payment, collective allowance,

Subsidized financing models, the basic pension and individual pension accounts to pay a combination of treatment method.

Note 1. The students do not participate in the basic pension insurance of urban and rural residents.

Note 2. rewrite GB/T 31597-2015, Definition 2.1.

2.2 Supplementary pension insurance

Employers and employees, according to law, workers in the basic old-age insurance (2.1.1) on the basis of old age in order to improve the living standards of workers, root

According to their own economic situation, voluntary social insurance system.

Note. The supplementary pension insurance including annuity, occupational pension and personal savings of the pension insurance.

2.2.1 Annuity

Enterprises and their employees according to the unit of economic affordability, collective bargaining, jointly funded the establishment of voluntary supplementary pension insurance (2.2) system.

2.2.2 Occupational pension careerannuity

Organizations and institutions and their staff according to the unit of economic affordability, democratic consultation, jointly funded the establishment of a voluntary supplementary pension

Insurance (2.2) system.