How to pay social security in Ulaanchabu City

Urban and rural residents who are eligible (aged 16-59) can go to the nearest residential (village) committee where their household is located to go through the procedures of participating in the urban and rural residents' pension insurance.

The procedures for urban and rural residents to participate in old-age insurance:

The urban and rural residents who are eligible to participate in the insurance need to bring their hukou books and resident ID cards in duplicate (severely disabled first and second class, and key beneficiaries also need to provide the relevant valid certificates of originals and photocopies at the same time) to the village (village) committees of the place of registration to submit an application for participation in the insurance, choose the contribution level, by the village (village) level The village (neighborhood) level coordinator to help handle the relevant procedures.

The collection of insurance premiums will gradually be implemented through the bank pre-deposit and withholding system, i.e., the insured person will deposit the amount of the contribution level he/she chooses to determine into the bank account of the social security card at the locally stipulated time, and the bank will transfer the amount into his/her personal account on a yearly basis.

The contribution standard for urban and rural residents' pension insurance: at present, it is set at 12 levels of 100 yuan, 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 700 yuan, 800 yuan, 900 yuan, 1,000 yuan, 1,500 yuan, and 2,000 yuan per year. Participants independently choose the contribution bracket, pay yearly, pay more, pay more, pay more, pay more, pay more for a longer period of time.

Participants who meet the conditions for receiving the pension receive a monthly pension from the month following the month in which they reach the age of 60 and are paid for life.

Monthly pension rate = basic pension + personal account pension.

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