How old can rural pension receive money?

Rural old-age insurance, regardless of gender, rural old-age insurance payment to 60 years of age, continuous payment for 15 years, can receive a monthly pension. If the payment period is less than 15, you can also choose a one-time payment, so you can also receive a monthly pension when you are 60 years old.

The new rural social endowment insurance is a social endowment insurance system organized and implemented by the government to ensure the basic life of rural residents in their later years, and it is an important part of the national social insurance system.

Pension benefits are combined by social pooling and individual accounts, and are matched with other social security policies and measures such as family pension, land security and social assistance, and a financing model combining individual contributions, collective subsidies and government subsidies is established.

Benefits of endowment insurance

1, endowment insurance is conducive to ensuring the reproduction of the labor force.

The establishment of the old-age insurance system is conducive to the normal intergenerational replacement of the labor force, the retirement of the elderly, the smooth employment of the newly growing labor force and the rationalization of the employment structure.

2. Endowment insurance is beneficial to social security.

Endowment insurance provides basic living security for the elderly and makes them feel safe. With the arrival of the aging population, the proportion of the elderly population is increasing and the number is increasing. Old-age insurance guarantees the basic life of elderly workers, which is equivalent to ensuring the basic life of a considerable number of people in society. For on-the-job employees, participating in endowment insurance means that they have expectations for their future old-age life and are free from worries. In terms of social mentality, more people are stable and less impetuous, which is conducive to social stability.

3. Endowment insurance is conducive to promoting economic development.

The pension insurance system designed by many countries links fairness with efficiency, especially the partial accumulation and complete accumulation pension fund raising model. The amount of pension received by workers after retirement is directly related to their wage income and payment during their on-the-job work, which can undoubtedly stimulate workers to work actively during their on-the-job work and improve efficiency.

legal ground

The State Council's Opinions on Establishing a Unified Basic Endowment Insurance System for Urban and Rural Residents

Seven, pension insurance benefits to receive conditions

Individuals who participate in the old-age insurance for urban and rural residents, who have reached the age of 60, have paid a total of 15 years, and have not received the basic old-age security benefits stipulated by the state, can receive the old-age insurance benefits for urban and rural residents on a monthly basis.

When the new rural insurance or urban residential insurance system is implemented, it has reached the age of 60, and those who have not received the basic old-age security benefits stipulated by the state before the date of publication of this opinion do not need to pay. From the date of implementation of this opinion, you can receive the basic pension for urban and rural residents' old-age insurance on a monthly basis; If the collection period is less than 15 years, the payment shall be made year by year, and supplementary payment is allowed, and the accumulated payment shall not exceed 15 years; Those who have received the payment for more than 15 years shall be paid annually, and the accumulated payment shall not be less than 15 years.

The pension for urban and rural residents will be stopped from the next month if the recipients of the pension insurance benefits die. Conditional local people's governments can explore the establishment of a funeral subsidy system in light of local conditions. The social insurance agency shall check the receipt of pension insurance benefits for urban and rural residents every year; Village (neighborhood) committees should assist social insurance agencies to carry out their work, publicize the eligibility of the insured person's treatment within the administrative village (community), and compare it with the record of employees' basic old-age insurance treatment to ensure that it is not heavy, not leaking and not bad.