Shanxi residents can enjoy supplementary endowment insurance

On November 27, the 21st Meeting of the Standing Committee of the 13th Shanxi Provincial People’s Congress deliberated and passed the regulations on supplementary endowment insurance for urban and rural residents in Shanxi Province, which will come into effect on January 1, next year. < p > < p > < p > there are 25 articles in the regulations, which make it clear that urban and rural residents can participate in supplementary endowment insurance in the place where the basic endowment insurance relationship is located after paying the basic endowment insurance premium. Urban and rural residents can choose different levels of standard payment. The county people’s Government shall pay the supplementary endowment insurance premium for urban and rural residents according to the minimum payment standard for those who have difficulty in participating in the supplementary old-age insurance for urban and rural residents, such as the objects of subsistence allowances, the extremely poor and the severely disabled. The provincial people’s Government shall increase the treatment and subsidy for the low-income insured over the age of 65 who have no children or whose children are unable to support, and who are not included in the assistance scope of the minimum living standard and the extremely poor, so as to ensure that the annual income is above the low-income standard issued by the government. The people’s government at or above the county level shall give financial subsidies to the insured for the payment of supplementary endowment insurance premium and the treatment. < p > < p > < p > < p > it is clear in the regulations that the insured who has reached the stipulated age of enjoying insurance benefits and has paid for more than 15 years can receive pension insurance benefits on a monthly basis. Since the implementation date of the regulations, if the insured is less than 15 years away from the age of receiving benefits, they shall pay fees annually to the age of receiving benefits. If the insured has reached the stipulated age for receiving benefits, he / she may receive government subsidies for supplementary endowment insurance on a monthly basis. If the insured interrupts the payment, the individual account shall be retained by the social insurance agency, and the interest shall be calculated continuously. The personal account balance of the insured can be inherited according to law.