Study on Social Security Grade of Farmers in Jiuyuan District of Baotou City

The new rural social endowment insurance is a social endowment insurance system organized and implemented by the government to ensure the basic life of rural residents in their later years, and it is an important part of the national social insurance system.

1. Pension benefits are combined by social pooling and individual accounts, and matched with other social security policies and measures such as family pension, land security and social assistance, and a financing model combining individual contributions, collective subsidies and government subsidies is established. The new rural social endowment insurance introduced in 2009 is commonly known as "new rural endowment insurance". There are three financing channels: individual contributions, collective subsidies and government subsidies. Farmers' monthly basic pension (55 yuan) is paid directly by the central government, and each insured farmer can receive it directly on a monthly basis after reaching the age of 60. Because the population of farmers is hundreds of millions, this expenditure per person per month (55 yuan) is huge.