How to pay rural pension insurance? Detailed explanation of the payment process and methods
The New Rural Social Pension Insurance aims to guarantee the basic living standards of rural residents in their old age, and establishes a funding model that combines individual contributions, collective subsidies, and government subsidies. It is a social pension insurance system organized and implemented by the government. Now let us take a look at how to pay rural pension insurance!
How to pay rural pension insurance?
1. Regular payment: This method is adopted in regions and among groups with relatively stable or relatively well-off incomes. For example, township enterprises may pay premiums monthly or quarterly, and farmers in well-off areas may pay premiums semi-annually or annually. The payment amount may be paid either as a proportion of income or as a fixed amount.
2. Irregular payment: This is the method adopted in most areas because of unstable income. Pay more in good years, pay less in poor years, and defer payment in disaster years. Pay when family income is good, and you may not pay when it is not good.
3. One-time payment: This is mostly for older farmers, who pay the full premium in one lump sum according to the level of security they want in old age, and then receive a pension according to regulations after age 60.
Rural pension insurance processing procedures
1. Coverage scope: rural residents with local rural household registration who have reached 16 years of age (excluding students currently enrolled in school) and have not participated in the basic pension insurance for urban workers.
2. Required documents: original ID card and two copies, original household register and two copies, and 4 bareheaded 1-inch photos (6 photos for people over 60 years old).
3. Processing method: Go to the village or street where you live and fill out 4 copies of the Registration Form and 2 copies of the Household Registration Form, attach photos, and confirm by signing and pressing your fingerprint. People aged 16 to 59 may independently choose a contribution tier (100 to 1000) and pay, and the village or street handling staff will issue a receipt and fill out the Payment Details Form. People over 60 years old do not need to pay, and should fill out 2 copies of the Benefits Application Form and submit two copies of the bankbook.
How much does rural pension insurance cost?
1. Each county and city clearly defines individual contributions. Insured individuals pay pension insurance premiums annually. The payment standards are set at 10 tiers: 100 yuan, 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600, 700 yuan, 800 yuan, 900 yuan, and 1000 yuan. Insured persons may voluntarily choose their individual payment standard according to their own and their family's economic situation. Pay more and receive more.
2. In terms of exit subsidies, a minimum subsidy of 45 to 65 yuan per person per year is determined respectively, and the minimum monthly pension payment standard per person reaches 120 yuan. At the same time, long-term contributions are encouraged. For farmers and herdsmen who have accumulated 15 years of contributions, for each additional year of contributions, the basic pension increases by no less than 2 yuan per month.
3. In terms of entry subsidies, a minimum subsidy of 20 to 60 yuan per person per year is determined respectively. At the same time, paying more is encouraged. For those who choose a contribution tier above 100 yuan, for each increase in contribution tier, the subsidy increases by no less than 5 yuan per person per year.
4. For disadvantaged groups such as persons with severe disabilities in urban areas, the government pays the pension insurance premiums at the minimum standard on their behalf.