What does social security for urban and rural residents mean?

1. Individuals who participate in urban and rural old-age insurance, who have reached the age of 60, pay 15, and have not received the basic old-age security benefits stipulated by the state, can receive the old-age insurance benefits for urban and rural residents on a monthly basis. 2. Those who have received the payment for more than 15 years shall be paid annually, and the accumulated payment shall not be less than 15 years. 3 urban and rural residents pension insurance benefits recipients died, from the next month to stop paying their pensions.

Legal objectivity:

Article 10 of the Social Insurance Law of People's Republic of China (PRC), employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council. People's Republic of China (PRC) Social Insurance Law Article 22 The State establishes and improves the social endowment insurance system for urban residents. The people's governments of provinces, autonomous regions and municipalities directly under the Central Government may, according to the actual situation, combine the social endowment insurance for urban residents with the new rural social endowment insurance.