Rural residents do not have a stable job, their pension problem is a major event. For rural residents, they can choose to buy rural endowment insurance. So what are the standards of rural endowment insurance? What is the new rural endowment insurance? Let's take a look.
The criteria for receiving rural endowment insurance are as follows:
Monthly pension treatment = basic pension + total amount of personal account & divide; 139.
Pension treatment is composed of basic pension and personal account pension, which pays for life. The national basic pension standard for urban and rural residents in 2018 set by the central finance is 88 yuan per person per month. Local governments can raise the basic pension standard according to the actual situation. For the long-term payment of rural residents, the basic pension can be appropriately increased, and the funds for increasing and increasing the pension will be paid by the local government.
The monthly calculation and payment standard of individual account pension is the total amount of individual account deposit divided by 139 (the same as the current individual account pension calculation and payment coefficient of basic pension insurance for urban employees). If the insured dies, the fund balance in the individual account can be inherited according to law except for the government subsidy; the government subsidy balance is used to continue to pay the pension of other insured persons.
What is the new rural endowment insurance?
Rural endowment insurance is a new type of insurance in China, which is formulated by the government to ensure the basic life of rural residents when they are old. In China, those who are over 16 years old (excluding school students) and who do not participate in the basic old-age insurance for urban workers can voluntarily participate in the new rural social security system in the registered residence. With the combination of individual payment, collective subsidy and government subsidy, the central government subsidizes local governments and directly subsidizes individual farmers. The elderly who are over 60 years old and registered residence in rural areas are exempt from old-age insurance, and they can receive their pension monthly. The payment standard of the new rural endowment insurance: the endowment insurance for urban workers is compulsory by the state and must be participated in, while the endowment insurance for rural residents is voluntary. At present, the new rural insurance payment standard is set at five levels of 100 yuan, 200 yuan, 300 yuan, 400 yuan and 500 yuan per year, and different payment levels have been added according to the actual situation. Different regions have different levels of payment, different standards and different amounts of payment. Among them, 100 yuan and 200 yuan are paid by special groups. According to the growth of per capita net income of rural residents, the state timely adjusts the payment level. Those who participate in the new rural insurance can voluntarily choose the level of payment, and the fees paid will be recorded in their personal accounts, and more will be paid. Rural residents can choose three ways of payment
1. Regular payment. Rural residents with relatively stable income can choose this method, paying monthly and Quarterly fees, and those with more substantial income can also pay half a year or yearly premiums.
2. Irregular payment. For rural residents with unstable income, this method can be adopted, such as paying more in mature years, paying less in poor years and delaying payment in disaster years.
3. One time payment. For older rural residents with better economic conditions, they can choose to pay the premium in full at one time, and they can receive a monthly pension from the age of 60.