Land-lost security personnel who have reached retirement age can enjoy retirement pension insurance and do not need to pay social security.
The so-called old-age insurance for landless peasants refers to a security system established by the state to protect the old-age of farmers whose land has been requisitioned according to law.
The endowment insurance fund for landless farmers is mainly composed of two parts: the overall fund and the individual account fund.
1. Overall planning fund: it is composed of government contribution, village (group) collective contribution and other funds, and the village (group) collective contribution is paid by 20% of the land compensation and resettlement fee.
Two. Personal account fund: the standard of individual voluntary payment is divided into two grades: 3600 yuan and 6600 yuan. Land-lost farmers can choose one of them voluntarily, and once they are selected, they may not change it.