How to calculate the pension for farmers and workers

Calculation method of farmers' workers' pension: farmers' retirement salary is equal to the basic pension (55 yuan) plus the total personal account divided by 139.

Here 139 is based on the data of the sixth national census on 20 10. The average life expectancy of urban population is 73.5 years, which is 13.5 years after deducting 60 years, and then multiplied by 12 months to get 139 months.

Payment mode of rural endowment insurance

1, individual payment

Rural residents who participate in the new rural old-age insurance shall pay the old-age insurance premium according to the regulations. The payment standard is set at 100 yuan per year, which is divided into five grades in 200 yuan, 300 yuan, 400 yuan and 500 yuan. All localities can increase the payment grade according to the actual situation. Insured people choose their own grades to pay, and pay more. The state adjusts the payment grade according to the growth of per capita net income of rural residents.

2. Collective subsidies

Conditional village collectives shall give subsidies to the insured, and the subsidy standard shall be determined by the villagers' committee holding a villagers' meeting. Encourage other economic organizations, social welfare organizations and individuals to provide financial support for the insured.

3. Government subsidies

The government pays the insured who meets the basic pension conditions of the new rural insurance in full, in which the central government gives full subsidies to the central and western regions and 50% subsidies to the eastern regions according to the basic pension standards determined by the central government.

To sum up: At present, there are two ways to participate in the insurance: one is to participate in the insurance by yourself, and you need to bring your ID card, the original and copy of your household registration book to the local postal savings outlets to go through the insurance procedures. Second, the village Committee handles it on its behalf and needs to bring the above materials to the village Committee. After registration, the village Committee shall apply to the social security center for unified handling.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 15

The basic pension consists of overall pension and individual account pension.

The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Article 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Article 17

If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.