Can rural pension insurance be paid in a lump sum

Rural pension insurance can be a one-time payment.

Rural old-age insurance can be a one-time payment, but the payer needs to meet the relevant conditions, China's rural old-age insurance one-time payment is required to meet the appropriate age requirements, men must be 60 years old, women must be 50 years old, can be a one-time retroactive contribution of 15 years of old-age insurance. If you have not reached the required age, you can not pay the rural pension insurance.

1. According to the current regulations, the minimum contribution period for pension insurance is 15 years, and you can start to receive a monthly pension after reaching the legal retirement age and having made contributions for 15 years. As for the amount of contributions, and the person's participation in the type of insurance, the local community wage of the previous year, etc., each place, the minimum amount of contributions each year are different, you can ask your local social security institutions specific advice.

2. Three types of people are entitled to a one-time supplemental contribution

The first type belongs to the local household registration. Between 1961 and 1982, rural youths can pay for 15 years. The contribution rate for this group is 183.29 yuan per month, which is not high for most people. Under the current pension plan, a 60-year-old can receive a first pension of 841 yuan a month and 1,746 yuan a month at age 65.

The second category falls under the local domicile. Older workers (65 for men and 60 for women) who used to be covered by the Employees' Pension Insurance can make a one-time payment of social insurance premiums for 15 years. This group has unlimited requirements for work experience, but the contribution rate is relatively high (893.6 yuan per month) increasing by 5 percent per year. At this rate, 15 years of social security contributions is $230,000 at a time. Under the current pension plan, at age 60, the first monthly pension is $1,496.

The third category belongs to local urban households. Once the establishment of labor relations with state-owned enterprises or counties, townships and collective enterprises, and reached retirement age on December 31, 2010 (50 years old for women and 60 years old for men) who can produce the length of service voluntarily pay a one-time payment of social insurance premiums for 15 years. The minimum contribution for this population is 427.8 yuan per month and 77,000 yuan for 15 years of social insurance premiums.

Legal basis:

The People's Republic of China*** and the State Social Insurance Law

Article 16

Individuals who have participated in the basic old-age pension insurance, and who have accumulated contributions for fifteen years by the time they have reached the legal age of retirement, will receive the basic old-age pension on a monthly basis.

Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the statutory retirement age may contribute until they reach the full fifteen years, and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or to the social old-age insurance for urban residents, and shall enjoy the corresponding old-age insurance benefits in accordance with the provisions of the State Council.

Article 17

If an individual who has participated in basic old-age insurance dies because of illness or not because of work, his survivors may receive funeral grants and pensions; if he is totally disabled because of illness or not because of work when he has not reached the legal retirement age, he may receive invalidity allowances. The required funds are paid from the basic pension insurance fund.