Guangxi introduced new rules for one-time payment of social security.

Guangxi social security one-time payment new regulations;

1. As long as men reach the age of 45 and women reach the age of 40, they can make up the old-age insurance, but they can only make up for 10 years at a time and pay 62,952 yuan.

2. Men over 60 years old and women over 55 years old can pay back 15 years in one lump sum and 94,428 yuan. After reaching the legal age, according to local conditions, you can receive 800- 1300 yuan pension insurance every month. If it is 1300 yuan per month, it will take 6 years to repay the principal, and if it is 800 yuan per month, it will take 9 years to repay the principal.

Rural endowment insurance processing flow:

Coverage: Rural residents with local rural household registration, aged 16 (excluding students) and not participating in the basic old-age insurance for urban workers.

Required documents:

1, two copies of the original ID card;

2 original and two copies of the household registration book;

3.4 bareheaded photos 1 inch (6 photos are required for people over 60 years old).

processing method

1. Go to your village street, fill in 4 registration forms, 2 household registration forms, attach photos, and confirm with your signature and fingerprint.

2. 16-59-year-olds choose their own payment grades, ranging from 100- 1000 yuan. The staff of the village neighborhood office will issue a receipt and fill in the payment schedule.

3. Persons over the age of 60 need not pay fees, and directly fill in two application forms for treatment and submit two passbooks.

To sum up, the new regulations retain one-time payment, which is nothing more than taking care of farmers' interests. The reason is that it is not easy for farmers to earn money and their income is very unstable. Once you have money in your hand, you can pay tens of thousands of yuan at any time, increase the accumulation of personal accounts of pension insurance and improve the pension level of personal accounts.

Legal basis:

Article 70 of the Labor Law of People's Republic of China (PRC)

The state develops social insurance, establishes social insurance system and social insurance fund, so that workers can get help and compensation in old age, illness, work injury, unemployment and childbirth.