2. According to the insured's payment amount, payment period and payment method, calculate the cumulative total at a certain value-added interest rate. After the total payment of the insured is determined, the payment standard of the pension fund is determined according to the time value of the funds.
3. Insurance payment standard
Rural social endowment insurance adopts the way of "reserve accumulation" or "fund pre-financing", and the insurance period of the insured is divided into two stages: "payment accumulation" and "collection and apportionment". Payment and accumulation are similar to deposit in a bank. At this stage, the insurance premium of the insured is in the process of pure accumulation, and the accumulated principal and interest (excluding management service fee) are getting bigger and bigger. The insurance premium of the insured shall be accumulated to the maximum limit when it is collected. We call the accumulated principal and interest at this time "total accumulation". In the receiving and sharing stage, according to certain mutual assistance and economic conditions, the accumulated total amount of insured objects will be shared to a certain number of years. Therefore, the collection standard is closely related to the accumulated total, and they are in direct proportion. In other words, different payment standards and years have different cumulative totals, and different ages have different collection standards.
(1) Calculation of Cumulative Total
If the payment period is n years, choose annual payment and pay the annual premium at the beginning of each year, then:
Cumulative total = 143.9 12 727 3× monthly payment standard× (1.088n-1)
If you choose to pay monthly and pay at the beginning of each month:
Cumulative total amount = 138.496 502 2× monthly payment standard× (1.088n-1)
If one-time payment is adopted, and n is the cumulative number of years from payment to collection, then:
Cumulative total amount =0.97× lump sum payment amount×1.088n.
If the payment standard and value-added rate change, the cumulative amount should be calculated in sections, and then the cumulative total should be calculated together. In practical work, we can build a card for everyone and calculate the total amount (principal and interest) of the insured object on each person's payment record card.
(2) Calculation of pension standard
If the insured starts to collect at the age of 60, then:
Monthly collection standard = 0.008 63 1.526× cumulative total.
If the insured starts to collect at the age of 55, then:
Monthly collection standard =0.007 87 1 54 1× cumulative total.
If the insured starts to collect at the age of 50, then:
Monthly collection standard = 0.00744 1.758 × cumulative total.
(3) the calculation of the estate deposit
Whether you are 60, 55 or 50 years old, the guarantee period is 10 years.
During the insurance period, if you continue to receive it year by year, the standard of inherited deposits is the same as that of the original pension.
During the guarantee period, if you receive the inheritance deposit for the remaining guarantee period at one time, the one-time amount will not be multiplied by the remaining months, but interest will be deducted on this basis. The calculation formula is as follows:
One-time inheritance guarantee amount = remaining months × original monthly pension standard ×[ 1-0.002 5× (remaining months-1)]