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How much does it cost to pay 120 a year for rural social security cards?

Legal analysis: It is impossible to calculate how much the rural social security card pays 120 a year, because the calculation of pension contains many factors and is constantly adjusted with people's living standards.

Legal basis: Article 6 of the Guiding Opinions on the Pilot Project of New Rural Social Endowment Insurance.

The basic pension standard set by the central government is 55 yuan per person per month. All localities can raise the basic pension standard according to the actual situation. For rural residents who have paid for a long time, the basic pension can be appropriately increased, and part of the increased and increased funds will be paid by local finance. The monthly calculation and payment standard of personal account pension is the total amount of personal account divided by 139 (the same as the current calculation and payment coefficient of personal account pension of basic old-age insurance for urban employees). When the insured dies, the balance of personal account funds can be inherited according to law, except for government subsidies; The balance of government subsidies is used to continue to pay the pensions of other insured persons.