Hello, the endowment insurance for urban and rural residents is paid 1000 every year. What is the monthly income at the age of 60?

Rural social security is paid 1000 every year, and the monthly pension that can be received by the age of 60 is at least 208 yuan. Because the basic pension varies from place to place, the lowest standard in China is 93 yuan. Pay 1000 yuan of old-age insurance every year, plus government subsidies, then the balance reached by paying 15 is at least

65438+6000 yuan, can get the pension is

16000 yuan/139= 1 15 yuan. Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC).

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of 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.