Participating in the old-age insurance for urban and rural residents is an important guarantee for the elderly to be supported and depended on. Recently, many residents have consulted about insurance participation, let's take a look↓↓↓
1. What is the purpose of insurance payment?
The main purpose of participating in urban and rural housing insurance is to protect and improve the basic life of the majority of urban and rural residents in old age.
2. Conditions of Attendance
◆ Have Liyang household registration;
◆ Be at least 16 years old (excluding school students);
◆ Urban and rural residents who have not participated in other basic social endowment insurance.
3. There are many payment grades for urban and rural housing insurance, I feel that the lowest grade is the most cost-effective, and it is not cost-effective to choose the high-grade grade, is that so?
Many people feel that the low-grade "return on investment" is faster and "more cost-effective". However, this "cost-effective" should be put in quotation marks, because many people will ignore the key issue of pension when calculating the rate of return. Once determined, the treatment of urban and rural housing insurance is paid for life, and the level of treatment is different, and the ability to support life after old age is very different. Although the time for low-grade to get back their own payment is shorter, the high-end treatment level is high, and from the perspective of the total income of the whole life cycle, the medium-to-high-end is obviously better than the low-grade.
Basic old-age insurance for urban and rural residents
Periodic Benefits Calculation Form (for reference only)
Note: The above table does not include interest on individual accounts and does not include collective subsidy funds. There is also a payment level of 100 yuan, which is the government payment grade for the severely disabled, subsistence allowance and other difficult groups, which is not within the scope of this table.
4. After participating in the insurance payment, in case of an accident, is it a waste to pay for many years?
Individual contributions, government payment subsidies, collective subsidies, and interest for participating in urban and rural housing insurance shall all be credited to individual accounts, and interest shall be calculated according to regulations. If the insured person dies without enjoying the benefits, the accumulated amount in the personal account can be inherited according to law, and if the insured person dies after enjoying the benefits, the balance of the funds in the personal account can be inherited according to the law. Therefore, in case of accidents, the payment will not be wasted, the individual will not suffer, and the interests will not be damaged.
5. After I pay the fee this year, I feel that the grade I chose is a bit low, can I choose the higher grade to pay again?
If you feel that the grade you have chosen is a bit low, you can apply to change the payment grade of the following year at the end of each year (only the payment grade of the next year can be changed, and the payment grade of the previous year cannot be changed). Note: You can change the payment grade in the Alipay/WeChat "Jiangsu Tax and Social Security Payment" applet. You can also go to the Municipal Administrative Examination and Approval Bureau and the tax window of the town (street) citizen service center.
6. Which is better, annual payment or one-time payment at age 60?
The annual payment can be selected as any payment grade, enjoy the government payment subsidy, and the personal account appreciation brought by the bookkeeping interest rate; the one-time supplementary payment can only be paid according to the grade of 960 yuan/year, and the government payment subsidy is not enjoyed. Therefore, the insured can pay annually and continuously to ensure that their own interests are maximized.
7. I am not currently insured, should I participate in the basic pension insurance for employees or the urban and rural residence insurance?
If you are young and capable, it is recommended to participate in the basic old-age insurance for enterprise employees as soon as possible; if you are old and have limited economic conditions, you can participate in urban and rural residence insurance. Every person of appropriate age should choose a basic pension insurance as soon as possible, and the earlier they participate in the insurance, the more they pay, and the more pension they will have.
8. I am 55 years old this year, I have been paying for 15 years, and the urban and rural housing insurance is to start receiving benefits at the age of 60, what should I do now?
Paying for 15 years is the minimum payment period for receiving benefits, because you have 5 years to the age of 60, it is recommended to continue to pay annually to the age of 60, each additional year of premiums, not only can increase the accumulation of personal accounts, improve the pension of personal accounts, but also enjoy the preferential policy of "the cumulative payment period of the insured personnel exceeds 15 years, and every more than one year, the basic pension will be increased by 1%", so that the insured residents can truly feel the protection results of "long-term payment and overpayment".
📃 Source | Liyang People's Society
💻 O&M | Changzhou Internet News Center
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