How much is the rural 60-year-old pension?

1. A 60-year-old person's monthly pension is 1 16.5 yuan.

The national minimum payment standard is 1000 yuan/year, and it was later set as 1000 yuan-five big cities in 500 yuan have added more payment grades according to the time situation, and the minimum standard in most provincial capitals has reached 1000 yuan/year, while the highest standard in Beijing is 9,000 yuan/year, so many payment standards receive pensions.

From the basic level of rural areas in China, the annual payment is still 100 yuan, 200 yuan, 300 yuan, 400 yuan and 500 yuan, while the annual subsidies given by the state are 30 yuan, 40 yuan, 50 yuan, 60 yuan and 70 yuan respectively. According to the current reality, the minimum amount of basic subsidy for the elderly over 60 is 55 yuan/month, which is also the level in most rural areas. We use these data to calculate the current rural pension level.

According to the above data, if the 60-year-old pays the endowment insurance according to 100 yuan/year, then the monthly fee he can receive now is 55+(1500+450) ÷139 = 69 yuan; If you pay the old-age insurance according to 500 yuan/year, the monthly fee you can get now is 55+(7500+1050) ÷139 =116.5 yuan.

Second, the rural basic pension.

Most farmers in China have no habit of paying insurance money because of their low income level. Nevertheless, the state will still pay a fixed pension to the elderly in rural areas. This pension is completely free, and anyone over 60 can receive it. This basic fixed pension is generally between 75 yuan-100 yuan. In most areas, the payment standard is 75 yuan per month, so it has also subsidized more than 800 yuan in the past year!