Rural endowment insurance was implemented in 2009 for villagers who have lived in rural areas for a long time. After participating in the social basic old-age insurance, rural villagers pay the insurance premium on time 15 years, and can receive pension after reaching retirement age. It should be noted that the insured needs to pay 15 years before retirement age to enjoy the old-age insurance benefits. If the payment period is less than 15 years, he can only refund the premium he has already paid and cannot enjoy pension benefits.
Individual payment of endowment insurance starts from 1992+00. The deemed payment period refers to the time that fixed employees worked continuously according to national regulations before the implementation of the basic old-age insurance system for enterprises and employees, which can be regarded as "deemed payment period" and can be combined with the actual "payment period" to calculate and pay old-age insurance. In addition, after the formal employees of government agencies and institutions are transferred to enterprises, they should participate in the basic old-age insurance for enterprise employees, and their original working years are regarded as payment years; Demobilized veterans and urban educated youth who go to the countryside are recruited as contract workers and participate in basic old-age insurance, and their length of military service and rural areas are calculated as continuous length of service according to state regulations, which can be regarded as the payment period.
Function of old-age insurance: Social old-age insurance is a kind of GSP social welfare for citizens, which can give citizens the most basic retirement and medical and health protection.
1, payment base: offline: 40% of the average monthly salary of employees in the previous year.
(1680), online: 300% of the average monthly salary of employees in last year.
( 12603);
2. Payment ratio: the company will bear 20% and 8% of the personal expenses (8% will go into the personal account). The amount stored in the personal account can only be used for the pension of the insured, and it is not allowed to withdraw it in advance. After the death of the insured, the basic old-age insurance premium and interest paid by the individual in the amount or balance of the individual account can be inherited according to law, and the rest can be incorporated into the basic old-age insurance fund.
3, the monthly pension conditions:
(a) meet the retirement conditions stipulated by the state and go through the relevant formalities;
(2) according to the provisions of the basic old-age insurance premium cumulative payment period 15 years.
4. What are the components of pension?
(1)1.0998 After July, the basic pension of the insured who has joined the work and meets the requirements of receiving the basic pension on a monthly basis consists of the basic pension and the personal account pension.
The monthly standard of basic pension is based on the average monthly salary of employees in this city in the previous year and my indexed monthly average salary, and the payment is paid to 1% every full year.
The monthly standard of personal account pension is the amount of personal account storage divided by the number of months stipulated by the state.
②1998 The insured who joined the work before June 30th, 2006 and met the requirements of receiving basic pension on a monthly basis will receive basic pension and personal account pension on a monthly basis, and then be given transitional pension. The specific transitional measures shall be formulated by the municipal labor and social security administrative department and implemented after being approved by the Municipal People's Government.
5. The main factors affecting the pension: the average social wage in the previous year, the length of service, the actual payment base in each year, the amount of personal account storage, and the payment period.
I hope the above content can help you. If in doubt, please consult a professional lawyer.
Legal basis:
Article 10 of People's Republic of China (PRC) Social Insurance Law
Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium.