Compensation standard for social security expenses of landless farmers

The compensation standard of social security fee for land acquisition is to give one-time pension insurance compensation for at least three times the annual per capita net income of rural residents in the cities and counties where land acquisition is located, and full compensation for those over 60 years old at the time of land acquisition.

Adjusting the social security and welfare policies of landless farmers is an important measure to better protect the rights and welfare of landless farmers. This policy adjustment will comprehensively evaluate and optimize the social security benefits of land-expropriated farmers to ensure that they can enjoy reasonable welfare benefits. Specifically, the policy adjustment will focus on the following aspects: improving the compensation standard of social security to ensure that landless farmers can get corresponding compensation after losing their land; Improve the medical security system to provide comprehensive medical security for landless farmers; Strengthen the old-age insurance system to ensure that landless farmers can enjoy a stable pension after retirement; Strengthen employment training and entrepreneurship support to provide more employment and entrepreneurship opportunities for landless farmers. Through these policy adjustments, the social security welfare level of landless peasants will be further improved, and their sustainable development and social integration will be promoted.

The way of social security compensation for land expropriation is to pay social security funds to the expropriated person:

1. The social security funds for land-expropriated farmers mainly include resettlement subsidies and their value-added income, and the social security expenses arranged by the municipal and county (city) people's governments from paid land use income such as land transfer fees. If the social security funds of landless farmers are insufficient, the people's government of the city or county (city) shall be responsible for solving it.

2. The minimum standard of social security funds for land-expropriated farmers is calculated by 1. 1 multiplied by the local rural minimum living security standard multiplied by 139. Specific standards are determined by the people's governments of cities and counties (cities) and reported to the provincial people's governments for the record.

3, the city and county (city) people's government in accordance with the principle of fixed income, balance of payments, leaving no gap to raise social security funds for landless farmers, and give priority to the social security costs of landless farmers from the paid land use income.

4. The financial departments of cities and counties (cities) shall set up special financial accounts for social security funds of land-expropriated farmers, and manage and account the social security funds of land-expropriated farmers aged 16. Incorporate the social security funds of land-expropriated farmers aged 16 into the special security fund account at one time, and establish a personal sub-account.

To sum up, the compensation standard for social security expenses of land-expropriated farmers is the minimum standard for social security funds of land-expropriated farmers, and the calculation method is 1. 1 multiplied by the local rural minimum living standard 139.

Legal basis:

The Law of People's Republic of China (PRC) Farmers' Specialized Cooperatives was revised 2017;

Article 44

The current year's surplus after making up the losses and withdrawing the provident fund is the distributable surplus of farmers' professional cooperatives. The distributable surplus is mainly returned in proportion to the transaction volume between members and cooperatives. The total distributable surplus returned in proportion to the transaction volume between members and cooperatives shall not be less than 60% of the distributable surplus; After the return, the rest will be distributed to the members of the cooperative in proportion to the amount of capital contribution and the share of provident fund recorded in the members' accounts, as well as the average share of property formed by the cooperative receiving direct financial subsidies from the state and donations from others. With the consent of the members' congress or the members' congress, all or part of the distributable surplus can be converted into capital contribution to the farmers' professional cooperatives and credited to the members' accounts. The specific distribution method shall be determined in accordance with the provisions of the articles of association or by the resolution of the general meeting of members.