What does the supplementary insurance of rural endowment insurance mean?

Supplementary insurance for rural old-age insurance refers to the old-age insurance paid separately in addition to the social insurance stipulated by the state.

On the basis of enjoying the basic old-age insurance system for urban and rural residents, residents can parallel the supplementary old-age insurance system for urban and rural residents. Residents can pay according to the grades of supplementary old-age insurance, and each grade is subsidized by the government. Residents can receive a certain amount of pension every month after paying 15 years, which can better protect retirees' old age.

The collection process of supplementary endowment insurance is as follows:

1. Apply to the local social security bureau and submit my social security card or identity certificate and retirement certificate;

2. The Social Security Bureau conducts an audit;

3. After passing the examination, endowment insurance will be issued.

Materials required for applying for rural registered permanent residence endowment insurance:

1, the original and photocopy of my resident ID card, and the second-generation ID card needs to be copied on both sides;

2. Original and photocopy of the household registration book, home page and personal page;

3. If the original household registration book cannot be provided and the category of "agricultural registered permanent residence" cannot be determined, the household registration certificate issued by the police station where the household registration is located shall be provided as "agricultural registered permanent residence";

4. Original and photocopy of my "real-name registration system registered" bank card or designated bank passbook;

5. If an agent is entrusted, a power of attorney for the new rural social endowment insurance signed, sealed or fingerprinted by the client, and the original and photocopy of the resident ID card of the trustee shall be provided; New rural social endowment insurance registration declaration form.

To sum up, if the original employees of uninsured state-owned and collective enterprises engage in self-employment or flexible employment after the termination of labor relations with the enterprise, I shall submit a written application and provide the original labor relations certificate with the original unit and the original employee files. Upon examination and approval by the administrative department of labor and social security, I can make up for the time when I have not paid the old-age insurance premium during my work in the enterprise.

Legal basis:

Article 13 of the Social Insurance Law of People's Republic of China (PRC)

Before employees of state-owned enterprises and institutions participate in the basic old-age insurance, the basic old-age insurance premiums payable during the payment period shall be borne by the government. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies. Article 14 Individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.

Fifteenth basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age. 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.