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How much can rural endowment insurance get to the age? How is the rural pension calculated

As the saying goes, "raising children to prevent old age", the state has implemented the endowment insurance policy for the elderly to have a basis and security. So how much can rural endowment insurance get to the age? How to calculate the rural pension? This is generally the topic of concern. Let's have a look.

how much can rural endowment insurance get to the age?

1. At present, the basic pension standard set by the central government is 70 yuan per person per month. According to the local system, the local system varies.

2. The endowment insurance is paid once a year for 15 consecutive years. After the age of 60, you can get a monthly pension.

3. There are 12 levels of payment standards in most areas, which are set at 100 yuan, 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 700 yuan, 800 yuan, 900 yuan, 1000 yuan, 1500 yuan and 2000 yuan per year.

4. The minimum government subsidy shall not be less than 30 per year, and the subsidy shall not be less than 60 per year for grades above 500.

The pension algorithm is as follows: the amount of monthly pension received = Basic Pension (70 yuan) + the total amount of personal account (including the total payment amount + government subsidies + interest) & divide; 139

That is, if you pay 100 yuan a year, 1500 yuan for 15 years, 30 yuan for government subsidies, 450 yuan for 15 years, and 552 for 15 years plus bank interest. The total amount is 1500 + 552 = 2052 yuan. Divide it by 139 and add the basic pension of 70 yuan per month. Finally, the monthly pension is 2052 & divide; 139 + 55 = 88 yuan

Rural old-age insurance is a kind of social welfare. According to the principle of paying more, paying more endowment insurance premium will be paid. This year, the basic pension should be long-term, so there will be more in the end.