A year to pay a hundred dollars of social security by the time the pension can receive how much money

The basic pension is paid by the state treasury, and as long as you reach the age of 60, you can receive a basic pension of 75 yuan, regardless of whether or not you have paid pension insurance premiums before.

Personal account pension formula = total personal contributions + financial subsidies + bank interest sum ÷ 139

Rural social security to pay 100 yuan a year, after fifteen years of payment, after reaching the age of 60 years old, you can receive a pension of 80 yuan a month, those who have reached the age of 70 years old can receive 100 yuan a month, and those who are 80 years old can receive 120 yuan a month.

1) belonging to the second level or above (including the second level) of severely disabled people to participate in rural social pension insurance by the county financial in accordance with the minimum contribution of 50% of the class for its contribution, enjoy rural low income for severely disabled people (more than two), the county people's government according to the individual contribution of the lowest class standard for its full contribution;

From the financial subsidies: the old rural insurance is not clearly specified, and the new agricultural Insurance directly specify, the national financial directly pay the basic pension, the provincial, county-level financial subsidies to participants. (The total amount of provincial financial subsidies is arranged at 50% of the local subsidies, and the province will give subsidies to each pilot area according to the level of its financial resources, in different grades. The remainder is shared by the municipal and county levels***, with specific sharing ratios to be determined by the municipal (state) people's governments themselves.)

Extended reading: insurance how to buy, which is good, hand to teach you to avoid the insurance of these "pits"