Is the old-age insurance for urban residents the same as the social security pension for employees?

Of course, the pension you receive is different. Endowment insurance for urban and rural residents pays attention to paying more and getting more. At present, you can get a government subsidy of 10% when you apply for endowment insurance above 1000 yuan, which means you can get 100 yuan more once you pay. If you pay for 40 years, you can get 648 yuan per month after retirement, and you can only get 100 yuan per month after retirement.

1. How to choose the payment grade of endowment insurance for urban and rural residents?

The first minimum payment is the fastest way to recover the cost, but you get the least pension.

The second highest reward will get the most money in the future.

The third kind of government subsidy has the highest contribution rate, and the pension will not be the most or the least in the future. However, it is generally recommended that the elderly choose the highest payment level to pay. If you are young, you can adopt the payment method of high before and low after.

Second, how to calculate the pension insurance benefits for urban and rural residents?

Pension insurance benefits for enterprise employees: basic pension = basic pension+personal account.

If the cumulative payment period is 15 years, the monthly standard of basic pension at retirement is based on the local average monthly salary of employees in the previous year and my indexed average monthly salary.

It can be seen that the insured's basic pension and personal account pension are closely related to the individual payment period and payment amount. The longer and more individuals pay, the higher the pension level.

Endowment insurance benefits for urban and rural residents: basic pension = basic pension+personal account pension.

1, basic pension.

The government pays the basic pension in full to the insured who meet the conditions for receiving treatment, and appropriately increases the basic pension for those who pay for a long time.

2. Personal account pension.

Personal contributions and government subsidies of the insured are all included in personal accounts. Insured people choose their own grades to pay, and the more individuals pay, the more government subsidies they enjoy. At present, the monthly payment standard of personal account pension is the total amount of personal account divided by 139.