On May 6th, at the work conference of new rural social endowment insurance in the whole city, the municipal government issued the document "Implementation Opinions of Yangzhou Municipality" (hereinafter referred to as "Implementation Opinions"), which made it clear that by the end of this year, Yangzhou will basically realize the full coverage of the "new rural endowment insurance" for rural school-age residents.
Insurance conditions
Rural residents who have registered in this city and have reached the age of 16.
Rural residents with the city's household registration, who have reached the age of 16 (excluding full-time students) and have not participated in the endowment insurance of government agencies and institutions and the basic endowment insurance for enterprise employees, can participate in the "new rural insurance" at the location of their household registration.
All localities should reduce or exempt some or all of the minimum standard old-age insurance premiums for groups with difficulties in paying fees, such as rural minimum living security objects and severely disabled people. The specific measures are determined by the county (city) people's government.
sources of fund
It consists of four parts: individual, collective, government and interest.
The new agricultural insurance fund is mainly composed of individual contributions, collective subsidies, government subsidies and interest on bank deposits.
Rural residents who participate in the new rural insurance should pay the old-age insurance premium as required. All localities should formulate corresponding payment standards according to the payment standards formulated by the province, combined with the income level and affordability of local farmers, and the insured can choose their own grades to pay and encourage overpayment.
Conditional villages, groups and collectives give subsidies to the insured, and the subsidy standards are determined by collective democracy. Encourage other economic organizations, social welfare organizations and individuals to provide financial support for the insured.
Local governments give subsidies to rural residents to participate in insurance, and the subsidy standard is not lower than 30 yuan per person per year. For individuals who choose to pay higher standards, the subsidy standard should be raised accordingly to encourage them.
"Set the corresponding individual payment standard, according to the provisions of the province, and set it as 100 yuan per year to six payment grades in 600 yuan. Insured farmers can choose independently. " Relevant persons of the Municipal Social Security Center said that counties (cities, districts) with conditions can set a higher payment standard; As for government subsidies, according to the regulations of the province, the standard of insurance subsidy is 30-50 yuan per person per year.
Pension calculation
Basic pension+personal account pension
Policy:
Rural social endowment insurance agencies shall establish individual accounts for endowment insurance for the insured. The insured who has reached the age of 60 will receive a monthly pension from the next month after going through the formalities for receiving the pension. Pension consists of basic pension and personal account pension.
The basic pension standard is 60 yuan per person per month. In the future, the city will adjust the basic pension standard in a timely manner according to the new agricultural insurance adjustment policy and the city's economic and social development.
The monthly calculation and payment standard of personal account pension is the total personal account divided by 139 (the empirical coefficient calculated according to the average life expectancy of the elderly in China at present).
For example:
Lao Wang, a 45-year-old farmer, pays the old-age insurance premium according to 600 yuan standards every year, and the finance subsidizes 30 yuan every year. At the age of 60, his personal pension account is (600+30)× 15=9450 yuan, divided by 139, plus 60 yuan's basic pension, he can receive a monthly pension 128 yuan.
Noun interpretation
Personal account: including individual contributions, collective subsidies, subsidies from other social and economic organizations to the insured, and subsidies from the government to the insured. Personal account deposits shall bear interest according to the one-year fixed deposit rate of RMB published by the People's Bank of China. The amount of personal account storage shall be settled once a year, and the list of accumulated personal account storage shall be presented to the insured.