New Policy of Endowment Insurance for Rural Residents in Anhui Province 20 19

With the aggravation of inflation, it is more and more important to ensure the quality of life of the elderly. In order to ensure carefree life in their later years, many people choose old-age insurance. Similarly, the state has also introduced many old-age insurance policies to deal with the living security of the elderly in China. 20 14 The new rural old-age insurance policy has established four old-age insurance models: rural, urban residents, government institutions and urban workers.

First, the new rural social endowment insurance

In order to ensure the basic life of rural residents in their later years, a financing model combining individual contributions, collective subsidies and government subsidies is established. Pension benefits are combined by social pooling and individual accounts, and matched with other social security policies and measures, such as family pension, land security and social assistance. The social endowment insurance system organized and implemented by the government is an important part of the national social insurance system.

Two. Social endowment insurance for urban residents

The old-age insurance system covering non-employees of urban household registration, together with the old-age insurance system for urban employees and the new rural social old-age insurance system, constitutes China's social old-age insurance system. Urban housing has two outstanding characteristics:

First, the source of funds for urban residential insurance is not only individual contributions, but also government subsidies for the insured. The more individual contributions, the more government subsidies, and all individual contributions and government subsidies are included in the insured's personal account.

Second, the pension of urban residential insurance consists of two parts: personal account pension and basic pension. The level of personal account pension is determined by the amount of account storage, that is, the total amount of individual contributions and government subsidies; The basic pension is paid in full by the government.

Three. Endowment insurance for government agencies and institutions

According to the implementation of performance pay in public institutions, the reform of endowment insurance system in public institutions takes into account the principle of corresponding rights and obligations, and the individual contribution base of employees is approved according to the new standard total wage after the implementation of performance pay, rather than based on actual wage income, to ensure that employees with the same conditions have the same contribution level and retirement benefits.

Four, the basic old-age insurance for urban workers

It is a kind of insurance in social insurance. Social insurance refers to a kind of social security that the state raises funds through various channels through legislation, and gives economic compensation to workers when their income decreases due to old age, unemployment, illness, work injury and maternity, so that they can enjoy basic living security. The contribution ratio of employee's basic old-age insurance is: the enterprise where the employee works pays 20%, and the individual employee bears 8%. Personal account is an account in the basic old-age insurance for enterprise employees, which is used to record the basic old-age insurance premium paid by employees and the part paid by the unit in the employee's personal name. It is an important basis for calculating personal account pension in basic pension when employees retire.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.