When will the rural pension be paid?

Rural pensions are paid monthly from the date of application for insurance until the end of life:

Insured persons who have reached the age of 60 and have not enjoyed the basic old-age insurance benefits for employees of urban enterprises and meet one of the following conditions may apply for a pension:

1. When these measures are implemented, the accumulated contributions of the insured who have received the pension for more than 15 years shall not be less than 15 years;

2, the implementation of these measures, from the pension age less than 15 years of the insured, the cumulative payment period is not less than the implementation of these measures from the age of receiving treatment;

3, the implementation of these measures, has reached the age of 60, choose to pay the insured (one-time payment 15), can receive a monthly pension. Insured persons who choose not to pay fees and whose eligible children have already paid fees can receive the basic pension on a monthly basis (currently fixed at per person/month 1 10 yuan).

The rights and interests of the insured are:

1. If the insured dies within the payment period, all the principal and interest shall be paid by the individual and returned to his legal heir or designated beneficiary;

2. The insured receives a pension with a guarantee period of ten years. If a person dies less than ten years after receiving a pension, he can inherit the pension balance during the protection period. If there is no heir or designated beneficiary, the funeral expenses shall be paid according to the relevant provisions of the rural social endowment insurance management institution. If the recipient has lived for more than ten years, the pension will be paid until his death;

3, the insured object by the county (city) moved to other places. If the rural social endowment insurance system has not been established in the place where you move in, you can return all the principal and interest paid by you personally to me;

4. If the insured recruits, takes part in work, takes exams, etc. The insurance relationship (including funds) can be transferred to a new insurance track, or all the principal and interest paid by the individual will be returned to him.

To sum up, in order to receive the pension smoothly, in addition to reaching retirement age, the minimum payment period must reach 15 years. If it is employee pension insurance, it is generally not supported to pay back; Urban and rural residents' old-age insurance, which has not been paid in full 15 years by the age of 60, can be paid in one lump sum 15 years.

Legal basis:

Article 15 of the Social Insurance Law of People's Republic of China (PRC)

The basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Article 20

The state establishes and improves the new rural social endowment insurance system. The new rural social endowment insurance combines individual contributions, collective subsidies and government subsidies.

Article 21

The treatment of new rural social endowment insurance consists of basic pension and personal account pension. Rural residents who participate in the new rural social endowment insurance meet the conditions stipulated by the state and receive the benefits of the new rural social endowment insurance on a monthly basis.