Urban residents ' standards of endowment insurance Foundation launched in July $ 55

This morning, the State Council issued the "guidance on social endowment insurance of urban residents", from July 1 pilot was officially launched, the individual fee will be $ 100 to $ 1000 a total of 10 grades, base pension standards for $ 55 per month, local governments can be based on the actual situation improve basic pension standards. New rural social endowment insurance in pilot scope and basically the same, 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. Payment standards currently set to $ 100 per year, 200, 300, 400, 500, 600, 700, 800, 900, 1000 10 grades, and local governments additional pay grades according to the actual situation. Insured's choice grades of pay, pay more far. Government to meet the conditions for treatment received urban residents insured paid pension insurance basic pension. Urban residents participating in the pension insurance for urban residents, 60 years of age, can receive a monthly pension. (Reporter Nan Zhang)