How to calculate rural endowment insurance

The calculation method of rural endowment insurance is as follows:

1, calculated according to the payment years: The specific formula for calculating the pension according to the payment years is: individual monthly pension is equal to individual payment years divided by the total payment years multiplied by the average monthly salary and then multiplied by the pension insurance rate. Among them, the average monthly salary refers to the average monthly salary of local employees in the previous year, and the pension insurance rate is stipulated by the local government;

2. Calculated according to the accumulated total amount of personal account pension: The specific calculation formula for calculating pension according to the accumulated total amount of personal account pension is: personal monthly pension is equal to the accumulated total amount of personal account pension divided by the number of remaining receiving months. Among them, the number of remaining months refers to the number of months that an individual is expected to receive a pension.

Individuals need to prepare the following materials to pay endowment insurance premiums:

1, ID card: Personal ID card is a necessary material to participate in endowment insurance, and the original and photocopy of ID card are required;

2. Hukou book: Hukou book is one of the necessary materials for participating in endowment insurance, and the original and photocopy of Hukou book are required;

3. Social security card: individuals need to apply for a social security card at the local social security agency, pay social insurance premiums, and inquire about social security payment records;

4. Work certificate: individuals need to provide work certificates, including the letter of certification issued by the unit, labor contract, salary table, etc. , to prove their work and salary income;

5. Payment voucher: individuals need to provide payment vouchers for endowment insurance, including payment notices and payment receipts issued by social security institutions.

To sum up, different regions may have different specific requirements for the materials needed to pay endowment insurance, and the specific requirements need to be operated with reference to local policies and regulations. At the same time, when individuals pay endowment insurance, they also need to pay attention to abide by the relevant national and local regulations to ensure the accuracy and timeliness of the payment amount and payment time.

Legal basis:

Article 74 of the Social Insurance Law of People's Republic of China (PRC)

The social insurance agency shall obtain the data needed for social insurance work through business handling, statistics and investigation, and the relevant units and individuals shall provide it in a timely and truthful manner.

The social insurance agency shall establish a file for the employer in a timely manner, completely and accurately record the social insurance data such as personnel's participation in social insurance and payment, and properly keep the original vouchers for registration and declaration and accounting vouchers for payment and settlement.

The social insurance agency shall timely, completely and accurately record the individual's personal rights and interests such as social insurance payment, employer's payment and social insurance benefits, and regularly send the personal rights and interests records to me free of charge.

Employers and individuals can inquire and check the records of payment and social insurance benefits from social insurance agencies free of charge, and ask social insurance agencies to provide social insurance consultation and other related services.