On the difference between social security for workers and agricultural insurance

On the difference between workers social security and rural insurance;

First, the insured objects are different. The new rural endowment insurance is specially set up for rural residents. Others can't participate, and rural areas can only participate in this insurance. Unless you go out to work and sign a labor contract, you can participate in the old-age insurance for urban workers. The endowment insurance for urban workers is established for urban workers, and no one else can participate.

Two, different rates, different payment base. Rural residents pay annual fees, and their own grades range from 100 to 2000. Urban workers are paid monthly according to their own wages or average social wages, with units paying 20% and individuals paying 8%.

Third, the calculated treatment is different. The old-age insurance for urban workers is calculated according to the base, the payment period and the average social wage over the years, while the new rural insurance is calculated according to the total payment plus state and government subsidies, which are two different things.

Fourth, the age of collection is different. Both men and women are 60 years old for agricultural insurance, 60 years old for urban workers' endowment insurance, 50 years old for female workers and 55 years old for female cadres.