The rural social endowment insurance in Baoding, Hebei Province, pays 8000 yuan per year, 100 yuan. What is the final social security payment and how to calculate it?

1. Hebei Baoding rural social endowment insurance pays 8000 yuan per year, based on the payment 15 years, and the final social security payment is:

Basic pension =88 yuan

Personal account pension = (2000 *15 *10%+170 *15)/139 = 996 yuan.

Monthly pension =88+996= 1084 yuan.

2. Hebei Baoding rural social endowment insurance annual payment 100 yuan, based on payment 15 years, the final social security payment is:

Basic pension =88 yuan

Personal account pension = (100 *15 *10%+30 *15)/139 =15 yuan.

Monthly pension =88+ 15= 103 yuan.

Monthly pension = basic pension+total personal account/calculation coefficient

Basic pension = minimum standard 88 yuan (different standards in different regions)+15 After the payment period, the basic pension will increase by one yuan for each additional year.

Total amount of individual account = individual payment+government subsidy+collective subsidy+social and individual subsidy+interest generated from the above amount.

Calculation coefficient = 139

Extended data:

The new rural social endowment insurance system adopts the basic mode of combining social pooling with individual accounts and the financing mode of combining individual contributions, collective subsidies and government subsidies. Rural residents over the age of 60 no longer pay fees, and directly enjoy the basic pension subsidized by the central government, but their children who meet the conditions for insurance should pay for insurance.

In other words, only rural elderly people who have reached the age of 60 and their eligible children can enjoy the basic pension issued by the government, which is not only a necessary condition for farmers to participate voluntarily under the guidance of government organizations, but also a kind of "treatment enjoyment".

Baidu Encyclopedia-New Rural Social Endowment Insurance