Interpretation of dry goods in the national urban and rural endowment insurance policy

In the aspect of endowment insurance, China's current plan is to realize national overall planning as soon as possible. Because of this, the country has been working hard, but improving the overall planning level has become an arduous task before us. Generally speaking, the national endowment insurance fund has exceeded one trillion yuan, but the endowment insurance in some provinces has been unable to make ends meet, with no balance and a large number of deficits. As we all know, endowment insurance consists of three parts: individual contributions, collective subsidies and government subsidies. The following is an analysis of the new endowment insurance policy introduced in 2008.

The relevant state departments will adjust the endowment insurance premiums paid by individuals. In the case of fully considering the income growth, the insured can choose the payment grade according to their own needs, and the payment grade is different in different regions.

Collective Subsidies For village collectives with higher economic level, a certain degree of subsidies should be given. As for the specific standards, they will be decided after the village meeting. The state encourages communities to take this form of collective subsidies as part of public welfare undertakings. At the same time, the state also stipulates that community subsidies shall not exceed the local maximum payment level.

The state subsidizes those who are eligible to participate in urban and rural endowment insurance, and the government will pay the pension. For example, the central and western regions are fully subsidized according to certain standards, and some eastern regions are subsidized. For the disabled and other vulnerable groups, the government will pay for them. People will get old one day, and providing for the aged has become a topic of concern to everyone. Everyone wants to have a happy old age, and social endowment insurance is indispensable.

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