Pension insurance for urban residents start next month

State Council of the 13th Chinese Government network has released guidance on urban social endowment insurance, endowment insurance of urban residents on July 1, 2011. Guidance pointed out that the pilot operation of endowment insurance of urban residents and new rural social endowment insurance at essentially the same, basic endowment insurance system for urban residents in achieving full coverage of 2012. Over 16 years of age (excluding students), does not meet the conditions of basic old-age pension insurance of employees in the non-residents in cities and towns, can be voluntary pension insurance for urban residents in residence. Recommended reading insurance weekly: protection listed 3.8 billion sold "China smell Department" assets town residents endowment insurance pilot a quarter Bank agent premium income decline 15% cast even insurance fell out of May average income-2.67% insurance professional intermediary high growth gradually into main channel Qian April foreign insurance enterprises share fell below 3% deciphered fuck disk password master main trends guidance views said, town residents Endowment Insurance Fund main by personal payment and Government subsidies constitute. Payment standards currently set to $ 100 per year, 200, 300, 400, 500, 600, 700, 800, 900, 1000 10 grades, and local people's Government can be additional pay grades according to the actual situation. Insured's choice grades of pay, pay more far. States according to the economic development and growth in per capita disposable income of urban residents, adjusting the pay grades. Urban residents participating in the pension insurance for urban residents, 60 years of age, can receive a monthly pension. Town residents endowment insurance system implementation Shi, has years full 60 years, is not enjoy workers basic endowment insurance treatment and national provisions of other Endowment treatment of, without payment, can by months received Foundation pension; from received age insufficient 15 years of, should by years payment, also allows supplement paid, Trojan payment does not over 15 years; from received age over 15 years of, should by years payment, Trojan payment many Yu 15. (According to the Xinhua News Agency)