How to transform rural social endowment insurance into new rural endowment insurance in Jinhua County, Zhejiang Province

For your question, please refer to the following information:

Implementation Opinions of Zhejiang Provincial People's Government on Establishing Social Endowment Insurance System for Urban and Rural Residents

Zhejiang Fazheng [2009] No.62

In order to further improve the social endowment insurance system in our province, according to the "Guiding Opinions of the State Council on Launching the Pilot Project of New Rural Social Endowment Insurance" (Guo Fa [2009] No.32) and the overall deployment of the provincial party committee and government on establishing and improving the old-age security system covering urban and rural residents, we now put forward the following implementation opinions on establishing the social endowment insurance system for urban and rural residents in our province:

One (omitted)

Two (omitted)

Three (omitted)

Fourth, institutional convergence.

(A) convergence with the original rural social endowment insurance system. When the social endowment insurance system for urban and rural residents is implemented, all the insured who have participated in the original rural social endowment insurance (hereinafter referred to as endowment insurance) and have reached the age of 60 and received the endowment insurance pension will enjoy the basic endowment insurance pension for urban and rural residents while continuing to receive the endowment insurance pension; For the insured who have participated in the old-age insurance, are under 60 years of age and have not received the pension, the amount stored in the personal account of the old-age insurance shall be converted into the payment period according to the local average payment amount in the year when the social old-age insurance system for urban and rural residents was implemented (the converted payment period shall not exceed 15 years, the same below) and continue to pay, and all the amounts stored in the personal account of the old-age insurance for urban and rural residents shall be merged into the personal account of the social old-age insurance for urban and rural residents.

(2) Linking up with the basic old-age insurance system for employees. After the implementation of the social endowment insurance system for urban and rural residents, urban and rural residents who have participated in the basic endowment insurance for urban and rural residents can transfer their basic endowment insurance relationship to their domicile to participate in the social endowment insurance for urban and rural residents and enjoy the social endowment insurance benefits for urban and rural residents according to regulations.

After the implementation of the social endowment insurance system for urban and rural residents, urban and rural residents who participated in the social endowment insurance for urban and rural residents because of employment and later participated in the basic endowment insurance for employees can convert their personal accounts of social endowment insurance for urban and rural residents into payment years in accordance with the provisions of the basic endowment insurance for employees and continue to pay fees. When reaching retirement age, those who meet the requirements of receiving the basic old-age insurance benefits for employees on a monthly basis shall enjoy the old-age benefits according to the basic old-age insurance benefits for employees; Do not meet the conditions of receiving the basic old-age insurance benefits for employees on a monthly basis, you can convert your personal accounts of basic old-age insurance for employees into personal accounts of social old-age insurance for urban and rural residents, convert the payment period according to the average payment amount of social old-age insurance for local urban and rural residents in that year, and enjoy the social old-age insurance benefits for urban and rural residents in accordance with regulations.

(3) Linking up with the basic living security system for landless peasants. After the implementation of the social endowment insurance system for urban and rural residents, rural residents who have participated in the social endowment insurance for urban and rural residents can also participate in the basic living guarantee for landless farmers if they are expropriated and meet the conditions for participating in the basic living guarantee for landless farmers.

After the implementation of the social old-age insurance system for urban and rural residents, residents who have participated in the basic living security for land-expropriated farmers and want to participate in the social old-age insurance for urban and rural residents can merge their personal account funds for the basic living security for land-expropriated farmers with their social pooling rights and interests to offset the individual contributions of the social old-age insurance for urban and rural residents, and convert the payment period according to the average payment amount of the social old-age insurance for urban and rural residents in the local year, and enjoy corresponding treatment according to the social old-age insurance regulations for urban and rural residents.

(four) the convergence with other security interests. Those who meet the requirements of enjoying the basic living guarantee for landless farmers, the support policy for the later period of reservoir resettlement, the minimum living guarantee, family planning incentives and assistance, social preferential treatment, the support of rural "five guarantees" and urban "three noes" personnel, and the relief of living allowance for workers' survivors can enjoy the social endowment insurance for urban and rural residents at the same time.

(5) Cross-regional transfer. Urban and rural residents' social endowment insurance participants can transfer their social endowment insurance relationship and personal account storage to the new insured place, and continue to pay insurance premiums and enjoy corresponding treatment according to the provisions of the new insured place.

If there are any above provisions in the future, the above provisions shall prevail.

Five (omitted)

Six (omitted)

Press release issued on 22 September 2009