Hefei residents' old-age insurance standard

Hefei residents' old-age insurance standard is adjusted according to the minimum wage standard and price level. At present, it is 1 150 yuan per person per month.

Hefei residents' old-age insurance implements a unified national system, with reference to relevant state regulations and policy standards. Its standards mainly include two aspects: one is the payment standard, and the other is the treatment standard. Judging from the payment standard, the payment standard of Hefei residents' old-age insurance is calculated according to 1.5% of the minimum wage standard for urban and rural residents, and it is currently 1 150 yuan per person per month. Among them, the main payers are urban and rural residents, who pay social pooling funds according to regulations to ensure their safety in their later years. Judging from the treatment standard, the treatment standard of Hefei residents' old-age insurance also changes according to the price level and the minimum wage standard. Pension insurance benefits include basic pension and personal account accumulated pension. Among them, the basic pension is paid by the social pooling fund and paid to the insured on a monthly basis, and the pension accumulated in personal accounts is also paid on a monthly basis. The specific standards shall be subject to the policy provisions.

What should I do if the pension accumulated in my personal account is used up? If the pension accumulated in the personal account is used up and the basic pension cannot meet the actual needs, you can consider applying for the minimum living guarantee in Hefei to meet the basic living needs. In addition, you can also choose to participate in other forms of insurance such as commercial endowment insurance to increase the level of old-age security.

The old-age insurance standard of Hefei residents is adjusted according to the minimum wage and the price level, and it is currently 1 150 yuan per person per month. Payment standards and treatment standards shall be implemented in accordance with relevant state regulations and adjusted in time to ensure the old-age life of urban and rural residents. In practice, it is suggested that individuals pay social pooling funds on time to protect their rights and interests, and at the same time, they can also choose other insurance forms such as commercial endowment insurance to increase the level of personal endowment insurance.

Legal basis:

Article 11 of the Social Insurance Law of People's Republic of China (PRC) stipulates that the basic old-age insurance shall combine social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.