Standard of rural endowment insurance in Qingdao area

1. What are the criteria for receiving rural old-age insurance?

1, basic pension treatment standard: per person per month 155 yuan;

2. Personal account pension treatment standard: pay according to the total amount of personal account divided by 139. If the insured person dies, the funds in the personal account can be inherited according to law.

The basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc. Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.

2. What is the payment standard of rural endowment insurance?

The new rural endowment insurance policy is divided into payment standard, payment base and living allowance for the elderly. Take the new payment standard of rural endowment insurance as an example: 100 yuan, 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 700 yuan, 800 yuan, 900 yuan, 1000 yuan, 1500 yuan and 2000 yuan per year. The payment base of the new agricultural insurance can be paid annually at the rates of 5%, 10%, 20% and 30% respectively. The specific payment ratio is independently selected by the insured residents. The basic old-age insurance premium for urban and rural residents is paid annually, or you can choose to pay it in one lump sum before reaching the age of 60 (it must be paid in full 15 years), or pay it in one lump sum when reaching the age of 60. One-time payment or supplementary payment can only be made at the rate of 10% or above.

To sum up, China has a large agricultural population. Many farmers work at home and have no jobs, so they can buy basic old-age insurance in rural areas, so that they can receive old-age benefits when they are old, reducing the burden of support for their children. At present, the payment grade of the new rural endowment insurance is 12, and the standard for receiving the pension is 155 yuan per month, which is the basic pension. Personal account pension is calculated by dividing the account balance by 139.