What does rural social security mean?

Rural social security, that is, rural social insurance, including rural old-age insurance and rural medical insurance, is guided by government organizations and adopts an institutional model combining social pooling with individual accounts.

The rural social security policy is an endowment insurance policy that combines individual contributions, collective subsidies and government subsidies to ensure the basic livelihood of farmers when they are old.

The new agricultural insurance fund consists of individual contributions, collective subsidies and government subsidies.

In terms of individual contributions, rural residents who participate in the new rural endowment insurance should pay endowment insurance premiums according to regulations. Payment standards are set at 100 yuan per year, 200 yuan, 300 yuan, 400 yuan and 500- 1200 yuan, and local governments can add payment grades according to actual conditions.

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.

In terms of collective subsidies, conditional village collectives should subsidize the insured's payment, 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.

legal ground

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

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity. Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for 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 20 The state establishes and improves a new rural social endowment insurance system.

The new rural social endowment insurance combines individual contributions, collective subsidies and government subsidies.