When did rural endowment insurance begin to be paid?

Rural endowment insurance began to be paid in 2009.

Rural endowment insurance was implemented in 2009 for villagers who have lived in rural areas for a long time. This system is a kind of social insurance system for rural residents, aiming at providing old-age security for rural residents and alleviating the pressure of old-age care for rural residents. The payment standards and policies of rural endowment insurance are formulated by local governments according to the local economic development level and the per capita income of rural residents to ensure the fairness and feasibility of the system.