How much does rural endowment insurance pay a year?

Rural old-age insurance pays 1000 a year and 15 to 60 years old, and can receive 238 a month. The algorithm is based on the individual payment grade of 1.000 yuan per year, that is,1.5000 yuan per year. With government subsidies, 30 yuan is 450 yuan on 15, and the interest is about 5,520 yuan (calculated according to the current 2-year bank interest rate, the interest rate this year is 3%), which adds up to a personal account. Divided by 139, it is equal to 180 yuan. This 180 yuan is the monthly personal account pension, and the monthly basic pension, 55 yuan, is the pension that the insured person finally receives.

Legal basis: Article 20 of People's Republic of China (PRC) Social Insurance Law The state establishes and perfects a new rural social endowment insurance system. The new rural social endowment insurance combines individual contributions, collective subsidies and government subsidies.

"People's Republic of China (PRC) Social Insurance Law" Article 21 The benefits of new rural social endowment insurance consist of basic pension and personal account pension. Rural residents who participate in the new rural social endowment insurance meet the conditions stipulated by the state and receive the benefits of the new rural social endowment insurance on a monthly basis.

People's Republic of China (PRC) Social Insurance Law Article 22 The State establishes and improves the social endowment insurance system for urban residents. The people's governments of provinces, autonomous regions and municipalities directly under the Central Government may, according to the actual situation, combine the social endowment insurance for urban residents with the new rural social endowment insurance.