For rural pension insurance, men aged 60 or above must pay 15 years of pension insurance in one lump sum. The total compensation amount is 94,428 yuan. After the supplement is paid, a monthly pension of 1,300 yuan can be received.

Rural pension insurance: The insurance targets are generally the agricultural and population with rural household registration and are not provided with commercial grain by the state. Workers in rural farming, business and other industries, including employees of township enterprises, private teachers, cadres and employees recruited by townships, etc., all participate in the unified rural pension insurance.

Social pension insurance.

The insurance coverage is regardless of gender and occupation, and is between the ages of 20 and 60. People under the age of 20 can also participate in the insurance based on their financial affordability and future pension needs.

Rights and interests of the insured: If the policy holder dies during the payment period, all principal and interest will be paid personally and returned to the legal heir or designated beneficiary; the policy holder will receive a pension with a guaranteed period of ten years.

If someone dies within ten years of receiving a pension, the balance of the pension within the guaranteed period can be inherited.

For those who have no heirs or designated beneficiaries, funeral expenses shall be paid according to the relevant regulations of the rural social pension insurance management agency.

If the recipient lives longer than ten years, the pension will be paid until death; the insured person moves from the county (city) to another place.

If the rural social pension insurance system has not yet been established in the place where you move, all the principal and interest paid by you can be refunded to you; if the policy holder transfers from rural to non-agricultural land such as employment, employment, or school entrance examination, the insurance relationship (including funds) can be transferred to a new insurance

Track, or return all the principal and interest paid by the individual to the individual.

Payment period: According to the new policy, people under the age of 45 must pay for more than 15 years. For those aged 45 to 59, there is no longer a minimum payment period. They are only required to pay annually, and they can only receive monthly pensions when they are 60 years old.

gold.

(Total personal account for 15 years/139 months) = 248 yuan.

In this policy, the government subsidy corresponding to the unit payment part of the basic pension insurance for urban employees is relatively fair, and the social nature of social pension insurance is also reflected.