Calculation formula of rural social security fund

Pension calculation of new rural endowment insurance 20 17

Calculation formula: monthly pension benefits = basic pension (55 yuan)+total personal account ÷ 139.

Pension treatment consists of basic pension and personal account pension, which is paid for life. 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.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.