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reactionary
Joined: 22 Mar 2008
Posts: 60
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 Posted: Mon Oct 08, 2012 10:58 am Post subject: Leaving China, getting back pension? |
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I'm leaving China (Beijing) in a couple of months. I've been paying that lovely new tax. I figured out how to get my health care deductions back, but no news on the pension, which is the biggest deduction.
Has anyone done this successfully? |
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chinatimes
Joined: 27 May 2012
Posts: 478
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| Posted: Mon Oct 08, 2012 1:31 pm Post subject: |
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How do you get health care deductions back? I thought those were just regular payments we couldn't get money back as opposed to pension.
Who do you contact? Did you fill out any forms? Any specific Chinese terminology?
Excuse my ignorance, but is it possible the health care deductions are linked to the pension and you already got it? |
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MisterButtkins
Joined: 03 Oct 2009
Posts: 1221
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| Posted: Mon Oct 08, 2012 4:29 pm Post subject: |
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The tax has only been in effect (in a few areas) for less than a year. How much money can you have put in? Not enough, it would seem, to be worth wrangling with Chinese bureaucracy?
Thankfully, I think most people haven't had to pay anything. I know I haven't. |
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reactionary
Joined: 22 Mar 2008
Posts: 60
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| Posted: Mon Oct 08, 2012 6:00 pm Post subject: |
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My employer gave me a "Bank of Beijing" bank booklet. Apparently the health insurance money doesn't actually go into any sort of insurance, it just deposits into this bank account. So I can take that out any time. It is not the pension - health care deductions are about a tenth of what is taken out for pension.
Anyway, this post is obviously directed at people who ARE paying the new deductions. Those who are not can find another thread to post in.  |
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chinatimes
Joined: 27 May 2012
Posts: 478
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| Posted: Mon Oct 08, 2012 9:45 pm Post subject: |
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| Quote: |
| Apparently the health insurance money doesn't actually go into any sort of insurance, it just deposits into this bank account. |
I have something similar happening, maybe even the same. I got this email notice from someone in administration (not the English department specifically).
"There is a reminder for you that the college deposit RMB-- to your bank account last week for the insurance fee because the insurance company must transfer the fee from your account. Please don't use the money."
This caught my attention, but I am in real good situation now and some other issues with the English department have come up. I have to finish seniors in October and due to the holiday we have a lot less time now.
I don't know if they paid this insurance money before or after I checked my balance at the bank, but enough was deposited to keep me quiet for the moment.
The other thing I wondered was how the insurance company will be able to transfer funds. I did sign documents and perhaps one of them gave them permission to do this.
Until they actually do something to me, I can't really complain. I have had much worse and other schools have tried getting out of small fees like water bills and such. I see nothing of that yet being mentioned.
For now, I am laying low. If someone knows the process more please explain how money could, should, and is taken out by other people under normal circumstances. I used to have internet and phone bill charges taken out and never had a problem.
| Quote: |
| So I can take that out any time. |
As you can see, they told me not to.
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| this post is obviously directed at people who ARE paying the new deductions |
If deductions are made from our salary, then anything new is not always clear. I am still trying to get an idea of what if any deductions were made from my pay. When I checked my account I saw more money than I was contracted with and I had opened a new account with a balance of 0.
I assume some of that money is from the insurance. In regard to the thread itself, where would pension money go?
Those are the people I would be asking. |
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reactionary
Joined: 22 Mar 2008
Posts: 60
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| Posted: Tue Oct 09, 2012 1:00 am Post subject: |
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My deductions are all very clear. In September:
Income tax: 1704.34
Medical Insurance: 283.32
Unemployment: 28.03
Pension: 1121.28
The first is the same as last year, the second I'm pretty sure I can just take out, according to my company, the third is too small to care about.
The last, however, we've been told we can take out when we leave. Someone must've tried by now... |
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choudoufu
Joined: 25 May 2010
Posts: 3325
Location: Mao-berry, PRC
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| Posted: Tue Oct 09, 2012 1:20 am Post subject: |
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| reactionary wrote: |
Unemployment: 28.03
.....the third is too small to care about.
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will you be able to apply for unemployment benefits when you
return to your home country? |
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reactionary
Joined: 22 Mar 2008
Posts: 60
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| Posted: Tue Oct 09, 2012 7:17 am Post subject: |
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| Probably not, but mostly because I'm American and unemployment benefits are paltry to begin with. |
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choudoufu
Joined: 25 May 2010
Posts: 3325
Location: Mao-berry, PRC
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| Posted: Tue Oct 09, 2012 1:25 pm Post subject: |
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| reactionary wrote: |
| Probably not, but mostly because I'm American and unemployment benefits are paltry to begin with. |
you're paying into the chinese unemployment compensation system.
according to the 'rules' as we understand them, you are entitled
to collect unemployment from china after you return to your home county.
registration would be at the local consulate or embassy. |
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reactionary
Joined: 22 Mar 2008
Posts: 60
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| Posted: Tue Oct 09, 2012 11:29 pm Post subject: |
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That's cool, but as I understand unemployment rules (or at least for the short time I collected unemployment in California), the payments you receive for unemployment would be equal to or less than what you paid into it. Like I said, too small for me to worry about.
More interested in getting the pension refund. |
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