Dengzhou City, Henan Province, what is the old-age insurance.

Anyone aged 16 years (excluding school students) with the city's agricultural and non-agricultural household registration, urban and rural residents who do not participate in the urban workers and institutions pension insurance, can participate in the urban and rural residents social pension insurance.

Second, the contribution standard

Currently set at 100 yuan per person per year, 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 700 yuan, 800 yuan, 900 yuan, 1,000 yuan, 1,500 yuan, 2,000 yuan, 12 grades, participants can choose their own grades of contributions, the upper financial subsidies for each participant 30 yuan per year.

Third, the provisions of the contribution period

Persons aged 16-44 years old should pay contributions on a yearly basis, and when they reach the age of 60, the cumulative total of contributions shall not be less than 15 years; 45-59 years old should be enrolled in the insurance contributions year by year, and also allowed to make up for the contributions, but the part of the supplementary contribution is not entitled to the government's subsidies, and when they reach the age of 60, the cumulative total of contributions shall not be more than 15 years. When the person reaches the age of 60, the accumulated contributions shall not exceed 15 years. For example, if a person is 55 years old and wants to make up contributions, he or she can make up contributions for a maximum of 10 years, and cannot make up more than that.

Fourth, personal account and interest calculation

Since the date of enrollment, the Municipal Urban and Rural Residents' Social Pension Insurance Management Center will set up a lifetime record of pension insurance personal account for each participant, which consists of individual contributions, collective subsidies, government subsidies and interest. The interest rate is currently calculated annually with reference to the one-year RMB deposit rate published by the People's Bank of China, with interest accruing on a simple basis during the year, and compounded year by year according to the amount stored.

Fifth, the pension treatment and conditions for receiving

1, the government implementation, has reached the age of 60 years old without enjoying the basic pension insurance for urban workers and institutions, urban and rural residents do not have to make contributions, can directly receive a monthly basic pension of 60 yuan, pay for life, but its rural residents eligible for participation in the insurance of their children, you must independently choose to pay the contribution level to participate in the payment of contributions.

2, less than 15 years from the age of 60, must be paid on an annual basis, but also allows retroactive contributions, retroactive part of the government subsidies do not enjoy, the cumulative contributions do not exceed 15 years. For those who are more than 15 years from the age of 60, contributions should be made on an annual basis, with a cumulative total of not less than 15 years of contributions. After reaching the age of 60, you can receive a monthly pension from the following month.

Sixth, pension standard

Monthly pension amount is equal to the basic pension plus all the reserves in the personal account divided by 139. The formula for calculating monthly pension: monthly pension = basic pension + all the reserves in the personal account ÷ 139.

Basic pension is 60 yuan per person per month, of which: the central government financial subsidy of 55 yuan, and the municipal government financial subsidy of 5 yuan. yuan.

The total amount stored in the individual account = the total amount of individual contributions + the accumulated amount of higher-level financial subsidies + the accumulated amount of collective subsidies + the accumulated amount of interest over the years.

Example: a person who is 45 years old began to pay contributions, at the rate of 100 yuan per year, to the age of 60 years of age, the cumulative contribution amount of 1500 yuan, the cumulative amount of subsidies from the higher level of the financial institutions is 450 yuan. If there is no collective subsidy, the bank interest rate is calculated according to the current one-year fixed interest rate of 3.5%, the basic pension is not adjusted for the time being, the individual account all the storage amount of 1500 yuan +450 yuan +598 yuan interest 2548 yuan. According to the current standard the person to the age of 60 years old monthly pension amount = 60 yuan + 2548 ÷ 139 = 78.33 yuan.

VII. Refund of Pension Insurance Premiums

1. If a participant dies during the contribution period, the pension insurance premiums paid by the individual (except government subsidies) can be paid in a lump sum to the legal heirs or designated beneficiaries.

2. If a participant dies during the pension period, the balance of funds in his/her individual account, except for government subsidies, shall be paid in a lump sum to his/her legal heirs or designated beneficiaries.

VIII. Transfer of Pension Insurance Relationships

If a person's hukou is moved out of the city, he or she shall make an application, and the City Urban and Rural Residents' Social Pension Insurance Management Center shall transfer his or her pension insurance relationship, together with the funds in the individual account, to the urban and rural residents' pension insurance agency in the place where he or she moves into the city. If the insured person moves between townships (towns) in the city, only the pension insurance relationship will be transferred.

Nine, the benefits of children's contributions year by year

One is to enjoy the upper financial government subsidies of 30 yuan per year; secondly, the longer the contribution time, the more personal account accumulation, the more personal account pension in the future; thirdly, it will not affect the elderly enjoyment of the treatment. Children to participate in the insurance is not to take their money to their parents to send pension, the old man's pension government has paid the money issued, they participate in the insurance is to save for their own future, their own enjoyment of old age treatment. That is, they have their own old age livelihood security, but also make their elderly enjoy the old age treatment.

Ten, pension treatment adjustment

In accordance with economic development and price changes and other circumstances, the State will increase the basic pension standard in due course.

Xi. Adjustment of pension entitlements

In order to prevent the phenomenon of fraudulent pension claims, the Municipal Urban and Rural Residents' Pension Insurance Management Center and township human resources and social security offices carry out annual certification of the survival status of those who have already received pension insurance pensions and make public announcements within the administrative villages.

Dengzhou City, urban and rural residents of the Leading Group Office of Social Pension Insurance