I heard that Yuechi rural households can also buy social security, pay 100 yuan a year to 1,000 yuan to pay the full 15 years, that 60 years old can receive how much money a month

The pension entitlement consists of a basic pension and a personal account pension, paid for life.

The basic pension standard set by the central government is 55 yuan per person per month. Local governments can raise the standard of the basic pension according to the actual situation, and for rural residents who have paid contributions for a long time, the basic pension can be appropriately increased, and the funds for the increase and the increased portion will be spent by the local government.

The monthly calculation standard of the personal account pension is the full storage amount of the personal account divided by 139 (the same coefficient as that of the current urban workers' basic pension insurance personal account pension calculation). When a participant dies, the balance of funds in the individual account, except for government subsidies, can be inherited in accordance with the law; the balance of government subsidies is used to continue paying pensions to other participants.