What is the difference between the different levels of rural social security contributions

The only difference between the different levels of rural social security contributions is the amount of pension insurance premiums paid.

The new rural insurance fund consists of individual contributions, collective subsidies and government subsidies. In terms of individual contributions, rural residents participating in the new rural insurance should pay the required pension insurance premiums.

The contribution standard is set at 12 levels of 100 yuan, 200 yuan, 300 yuan, 400 yuan and 500-1200 yuan per year, and localities can set up additional contribution levels according to the actual situation.

Participants independently choose the level of contributions, pay more and get more. The state based on the growth of per capita net income of rural residents, such as the timely adjustment of the contribution level. In the collective subsidies, the conditions of the village should be subsidized by the collective contributions to the participants, the subsidy standard by the villagers' committee to convene a meeting of the villagers to determine democratically. Encourage other economic organizations, social welfare organizations, individuals to provide financial support for participants' contributions.

The new rural insurance has been piloted since 2009, gradually improved and implemented nationwide. Now we are unified through the village committee to do it on behalf of the village, as long as you provide the original ID card, hukou book or a copy of the original documents.

For choosing what kind of grade to pay, you can ask your local social security bureau to understand the local division of subsidies for different grades, and then choose different grades to pay according to the level of pension you expect.

Expanded information:

Individual contributions, collective subsidies, and other economic organizations, public welfare organizations, and individuals contribute to the pension. organizations, and individuals' subsidies for participants' contributions, and local governments' subsidies for participants' contributions, all of which are credited to individual accounts. The interest on the individual account is calculated annually with reference to the interest rate for one-year deposits in RMB of financial institutions announced by the People's Bank of China.

The state will establish a sound financial accounting system for the new rural insurance fund. The new rural insurance fund will be incorporated into the financial account of the social security fund, and will be managed on two lines of income and expenditure, with separate bookkeeping and accounting, and value-added preservation and enhancement in accordance with the relevant regulations.

Pilot stage, the new rural insurance fund temporarily implemented county-level management, with the expansion of the pilot and push, and gradually raise the level of management; conditional places can also be directly implemented at the provincial level management.

Reference:

Baidu Encyclopedia - Rural Social Security Policy