Hello, "Opinions of the Provincial People's Government on Improving the Basic Pension Insurance System for Urban and Rural Residents". Municipal, state and county people's governments, and provincial government departments: According to "Opinions of the State Council on Establishing a Unified Basic Pension Insurance System for Urban and Rural Residents" (National Development and Reform Commission)

[2014] No. 8), combined with the actual situation of our province, we now put forward the following opinions on improving the basic pension insurance system for urban and rural residents (hereinafter referred to as the urban and rural residents’ pension insurance) system in our province.

1. Mission Objectives: Adhere to and improve the institutional model that combines social pooling and personal accounts, consolidate and expand fund-raising channels that combine individual contributions, collective subsidies, and government subsidies, and improve the payment of benefits that combine basic pensions and personal account pensions.

Policies, strengthen incentive mechanisms such as long-term payment and more payment, more payment and more return, establish a normal adjustment mechanism for basic pensions, improve service networks, improve management levels, and provide convenient and fast services to insured residents.

Before 2020, a fair, unified and standardized pension insurance system for urban and rural residents will be fully established, which will be matched with other social security policies such as social assistance and social welfare, and give full play to the positive role of traditional security methods such as family pensions to better protect insured urban and rural residents.

residents’ basic life in old age.

2. Insurance coverage: Urban and rural residents who are over 16 years old (excluding school students), non-state agencies and public institution staff, and urban and rural residents who are not covered by the employee basic pension insurance system can participate in urban and rural resident pension insurance in their place of residence.

3. Fund Raising The pension insurance fund for urban and rural residents consists of individual contributions, collective subsidies and government subsidies.

(1) Individual payment.

Persons participating in the pension insurance for urban and rural residents shall pay pension insurance premiums in accordance with regulations.

The payment standards are currently set at 12 levels: 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.

Local people's governments may add payment levels based on actual conditions. In principle, the highest payment level shall not exceed the annual minimum payment amount for local urban flexible employment personnel participating in employee basic pension insurance.

Insured persons can choose their payment level independently, and the more they pay, the more they will get.

(2) Collective subsidies.

Village collective economic organizations that have the conditions should provide subsidies for the contributions of insured persons. The subsidy standards shall be democratically determined by the village committee convening a village meeting. Communities with conditions are encouraged to include collective subsidies in the scope of fund raising for community public welfare undertakings.

Encourage other social and economic organizations, public charity organizations, and individuals to provide funding for the insured persons' payment.

The total amount of subsidies and funding shall not exceed the annual maximum individual payment level set by the local government.

(3) Government subsidies.

Provincial and local governments subsidize the contributions of insured persons.

For those who choose the standard payment level of 100 yuan, the subsidy standard is not less than 30 yuan per person per year; for those who choose the standard payment level of 200 yuan to 400 yuan, the subsidy standard is not less than 45 yuan per person per year; for those who choose the 500 yuan and above level

For standard payment, the subsidy standard shall not be less than 60 yuan per person per year.

The payment subsidy is borne by the provincial and local governments at a ratio of 2:1.

Encourage qualified places to appropriately increase subsidy standards, with specific measures determined by local people's governments.

For groups with difficulty in paying premiums, such as severely disabled people, local people's governments will pay all minimum standards of pension insurance premiums on their behalf.

4. Standardize personal accounts. The human resources and social security departments shall establish a personal pension insurance account with lifelong records for each insured person.

Individual contributions, government subsidies, collective subsidies, old farmers’ insurance account funds, financial subsidies for village leaders, other social and economic organizations or public welfare charity organizations and individual contributions to insured persons, and individual contributions during the pilot period before the implementation of the system, all

Credit to personal account.

Interest on the amount saved in a personal account is calculated in accordance with national regulations.

5. Calculation and adjustment of pension insurance benefits Pension insurance benefits for urban and rural residents consist of basic pension and personal account pension, and are paid for life.

(1) Basic pension.

The government shall pay full basic pension to insured persons who meet the conditions for receiving pension insurance benefits for urban and rural residents.

The central government determines the national minimum standard of basic pension and establishes a normal adjustment mechanism for the minimum standard of basic pension.

Based on the minimum standard of basic pension and its adjustment mechanism determined by the central government, the Provincial People's Government will timely adjust the basic pension standard of our province based on economic development and price changes, and explore the establishment of a normal adjustment mechanism for the basic pension standard of our province.

.

Where conditions permit, basic pension standards may be appropriately raised, and the funds required to raise the standards shall be borne by local people's governments.

For urban and rural residents who pay contributions in accordance with regulations, when receiving benefits, an additional basic pension of no less than 1 yuan per month will be provided for each year of payment.

The funds required for the additional payment shall be borne by the local people's governments, and the specific standards shall be formulated by the local people's governments.

(2) Personal account pension.

The monthly payment standard for personal account pensions is the total savings amount in the personal account divided by 139.

If an insured person dies, the balance of the personal account will be inherited by the legal heir or designated beneficiary; if there is no legal heir or designated beneficiary, all the balance of the personal account will be retained in the local urban and rural residents' pension insurance fund account.