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How to pay rural social security
1, individual payment.
(1) Rural residents who participate in the new rural insurance should pay the old-age insurance premium according to the regulations. The basic payment standard is set to five files, and the insured chooses one file to pay. The people's governments of counties (cities, districts) at all levels listed may add payment grades according to local conditions;
(2) In principle, the insured pays monthly, quarterly or annually, but only one payment method and payment standard can be selected in a natural year;
2. Collective subsidies. Conditional village collective economic organizations shall give subsidies to their members who participate in insurance, and the amount of subsidies shall be determined by the village collective economic organizations;
3. Government subsidies. Finance at all levels shall subsidize the payment of the insured; Finance at all levels jointly funded the establishment of basic pensions.
Legal basis: Article 20 of People's Republic of China (PRC) Social Insurance Law.
The state establishes and improves the new rural social endowment insurance system.
The new rural social endowment insurance combines individual contributions, collective subsidies and government subsidies.
Article 21
The treatment of new rural social endowment insurance consists 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.
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