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Social Security of Rural Individuals in Heze, Shandong Province
The latest policy of rural endowment insurance is:
/kloc-rural residents over 0/6 years old, who are not students in school and have not participated in the endowment insurance for urban workers can participate.
In the initial area, people over 60 receive the basic pension directly, without paying (the lowest in 55 yuan is increasing). People under 60 have to pay.
(Calculation method) The monthly pension received after retirement is: basic pension (now the lowest in 55 yuan, and increasing)+(total individual contributions+local government subsidies+interest) divided by 139.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.
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