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Investigation on Social Security in Nanzhang County, Hubei Province

20 1 1 Rural old-age insurance was handed over from the Civil Affairs Bureau to the Human Resources and Social Security Bureau, and it was renamed the social old-age insurance for urban and rural residents in Hubei Province.

20 1 1 Residents who reached the age of 60 the year before last July do not need to pay the old-age insurance, and receive the basic pension 55 yuan on time every month (there is no payment, so there is no personal account). Under the age of 60, the minimum pension insurance of 15 is required.

The basic old-age pension was adjusted once in July of 20 14, and increased by 15 yuan.

That is to say, Yuan You is asking about 55 yuan from 20 1 1 to 70 yuan in July of 20 14.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.