Reflections on the endowment insurance in Lezhi County

Pension consists of basic pension and personal account pension.

The age at which urban residents receive pension insurance benefits is 60 for both men and women. Pension consists of basic pension and personal account pension. At present, the basic pension standard set by the central government is 55 yuan per person per month; All localities can raise the basic pension standard according to local actual conditions. The monthly calculation and payment standard of personal account pension is the amount stored in personal account divided by 139 (the same as the calculation and payment coefficient of employee basic old-age insurance and new rural insurance personal account pension). When the old-age insurance system for urban residents was implemented, they were over 60 years old and did not enjoy the basic old-age insurance benefits for employees and other old-age benefits stipulated by the state. They can receive a basic pension on a monthly basis without paying fees; If the age is less than 15, the annual payment is allowed, and the accumulated payment shall not exceed15; If the age is above 15, the fee shall be paid annually, and the accumulated fee shall not be less than 15. According to the actual situation, according to the principle of coordinating urban and rural areas, all localities can determine the appropriate local basic pension standards. Establish an incentive mechanism to guide urban residents to actively participate in insurance. At present, the amount stored in personal accounts bears interest every year with reference to the one-year RMB deposit rate of financial institutions announced by the People's Bank of China. The endowment insurance fund for urban residents shall be included in the financial special account of social security fund, and shall be managed by two lines of revenue and expenditure, with separate accounting, so as to maintain and increase the value in accordance with relevant regulations. The Ministry of Finance and Ministry of Human Resources and Social Security have promulgated the Interim Measures for Financial Management and Accounting of the New Rural Endowment Insurance Fund, which can be used for reference in areas where the endowment insurance for urban and rural residents is implemented. In the pilot stage, the endowment insurance fund for urban residents is temporarily managed in the pilot counties, and provincial management can be directly implemented where conditions permit. With the expansion and opening up of the pilot, the management level should be improved as soon as possible. It is more appropriate to ask the local social security agency.