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´╗┐People ', experts believe that because there is enough life units and individuals to pay pension costs, as well as mandatory occupational pension as a supplement, to ensure that the future level of benefits after retirement. In July this year, Jiangsu formally issued' on the organs and institutions in Jiangsu opinions unit staff pension system reform 'from the pension insurance fund raising, and other aspects of the pension calculated and paid on the central program to refine, to be clear. Director of the institution of social insurance fund management center in Jiangsu Province Zhang organ introduction, basic pension insurance jointly by the units and individuals, in which the unit contribution rate of 20% of total wages, individuals pay 8 percent of wages, wages in accordance with the individual contributions of the province workers in the post average annual wage of 300% and 60% the implementation of 'low-limit high security' to achieve the merger of the pension system 'before October 1 last year, retired 'old man', according to the original standard of treatment they receive basic pensions; last year after October 1 in the work of the 'new' the basic pension from the basic pension and individual account pension retirement two parts. 'Zhang told reporters that last year October 1 to work after retirement reform' under the premise of human, 'on the one hand additional transitional pension in the country top-level design, the provinces make their own determination of deemed payment index, and the implementation of the 10 year transitional period comparison of old and new ways of calculation and treatment; on the other hand, the establishment of occupational pension system as a supplement, the unit wage paid by 8%, individuals pay a 4% wage composition at the same time, in order to smoothly promote organ. institutions pension reform, the state also simultaneously improve the wage system organs and institutions of basic pension insurance funds prepare accounts alone will not 'eat' corporate pension fund balance the question was raised: whether it is to pay 20% of the basic unit of pension costs , or 8% of its paid occupational pension, these units refer to the organs and institutions, therefore, in the final analysis is not that country to stick the money? the money come from? will the corporate pension insurance fund balance of the pond in the 'fish'? 'this understanding is wrong. This is to clarify the government, units and individual responsibility. 'Jiangsu Province, the Office of Human Resources and Social Director Zhu Hua told reporters at the pension,

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