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Provisions on the age of rural social security payment
According to the principle of "Guiding Opinions of the State Council on Piloting New Rural Social Endowment Insurance", those who have reached the age of 60 and do not enjoy the basic old-age insurance benefits for urban workers can receive the basic pension on a monthly basis, but children who meet the conditions for participation should pay insurance premiums; Those who are under the age of 15 will be paid annually, and they are also allowed to pay. The accumulated payment shall not exceed 15 years; Those who are over 15 shall be paid annually, and the accumulated payment shall not be less than 15. The insured can be calculated according to their actual situation.
Legal objectivity:
Article 16 of the Social Insurance Law: Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis when they reach the statutory retirement age and have accumulated contributions for fifteen years. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.
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