个人养老金本金按照3%纳税 基本养老金一直都免税

Core Viewpoint - The Ministry of Human Resources and Social Security clarified that personal pension withdrawals are subject to a 3% personal income tax, which applies to the total withdrawal amount without distinguishing between principal and investment income [3][7]. Group 1: Tax Policy on Personal Pensions - The 3% tax on personal pension withdrawals is not a new requirement, as it was established in a previous announcement by the Ministry of Finance and the State Taxation Administration on December 13, 2024 [7]. - The personal pension system in China is a tax-deferred pension model, where contributions are deducted from the tax base at the time of payment, and taxes are levied upon withdrawal [8]. - The 3% tax rate is considered low compared to the marginal tax rates of most wage earners, which helps balance tax incentives with tax burdens [8]. Group 2: Implementation of Personal Pension System - The personal pension system was initially implemented in 36 cities in November 2022 and was fully rolled out nationwide on December 15, 2024 [8]. - Starting January 1, 2024, a deferred tax policy will be applied, allowing individuals to deduct contributions up to 12,000 yuan per year from their taxable income [9]. - Investment income within personal pension accounts will not be subject to personal income tax until withdrawal, further promoting savings for retirement [9].