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Rural social security with unified urban and rural areas
"People's Republic of China (PRC) Social Insurance Law" Article 20 The state establishes and improves a new rural social endowment insurance system. The new rural social endowment insurance combines individual contributions, collective subsidies and government subsidies. "People's Republic of China (PRC) Social Insurance Law" Article 21 The benefits of new rural social endowment insurance consist of basic pension and personal account pension. Rural residents who participate in the new rural social endowment insurance meet the conditions stipulated by the state and receive the benefits of the new rural social endowment insurance on a monthly basis. People's Republic of China (PRC) Social Insurance Law Article 22 The State establishes and improves the social endowment insurance system for urban residents. The people's governments of provinces, autonomous regions and municipalities directly under the Central Government may, according to the actual situation, combine the social endowment insurance for urban residents with the new rural social endowment insurance.
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