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How do landless peasants pay endowment insurance?

The payment methods of endowment insurance for landless farmers are as follows:

1. Pay employee pension insurance: If you have a formal work unit, you can participate in the five insurances and one gold prepared by the state for employees at the work unit, including social pension insurance.

2. Pay the new rural insurance: those who have no work unit and work at home for a living can participate in the new rural insurance in the relevant departments of the village Committee. The payment standard is 100 yuan per month, which is divided into five grades in 200 yuan, 300 yuan, 400 yuan and 500 yuan.

Subsidy application process for landless peasants

1. The householder applies to the village committee;

2, the village committee on the basis of the number of acres provided by the town finance office for preliminary publicity, publicity without major objections after the audit report to the town civil affairs office;

3, the town civil affairs office after the audit report to the Civil Affairs Bureau for approval;

4. After examination and approval by the County Civil Affairs Bureau, the credit cooperatives will punch out the basic living compensation for landless farmers.

In a word, the payment method of old-age insurance for landless farmers should be adapted to local conditions, and the actual needs and economic conditions of local farmers should be fully considered to ensure the smooth implementation of the old-age insurance system.

Legal basis:

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

Article 12

The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of its employees stipulated by the state, and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.