Adhere to and improve the institutional model that combines social pooling with personal accounts, consolidate and expand fund-raising channels that combine individual contributions, collective subsidies, and government subsidies, and improve the combination of basic pensions and personal account pensions Benefit payment policy, strengthen the incentive mechanism of the system of long-term payment and more payment, more payment and more payment, establish a normal adjustment mechanism for basic pension, improve the service network, improve management level, and provide convenient and fast services to insured residents. By the end of the "Twelfth Five-Year Plan", the new rural insurance and urban residential insurance systems will be basically integrated nationwide and connected with the basic employee pension insurance system. Before 2020, a fair, unified and standardized pension insurance system for urban and rural residents will be fully established, supporting other social security policies such as social assistance and social welfare, giving full play to the positive role of traditional security methods such as family pension, and better protecting insured urban and rural residents. basic life for the elderly. Urban and rural residents who are over 16 years old (excluding school students), are not staff of state agencies and institutions, and are not covered by the basic employee pension insurance system, can participate in urban and rural residents' pension insurance in their place of residence. The pension insurance fund for urban and rural residents consists of individual contributions, collective subsidies, and government subsidies. Persons participating in the pension insurance for urban and rural residents shall pay pension insurance premiums in accordance with regulations. The payment standard is currently set at 12 levels of 100 yuan, 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 700 yuan, 800 yuan, 900 yuan, 1000 yuan, 1500 yuan, and 2000 yuan per year, and the province (region, city) ) The people's government may add payment levels based on actual circumstances. In principle, the highest payment level shall not exceed the annual payment amount of local flexible employment personnel participating in employee basic pension insurance, and shall be reported to the Ministry of Human Resources and Social Security for filing. The Ministry of Human Resources and Social Security, in conjunction with the Ministry of Finance, will adjust payment grade standards in a timely manner based on the income growth of urban and rural residents. The insured can choose the payment level independently, and the more he pays, the more he will get.