The amount of rural old-age insurance is calculated according to the individual payment period, payment base, personal account balance and local basic pension level. The specific calculation method may vary from region to region, but generally speaking, the longer the individual payment period, the higher the payment base, the more the personal account balance, and the corresponding increase in the pension received.
At the same time, the local basic pension level will also affect the pension that individuals receive. Therefore, it is impossible to directly give the specific compensation of 5000 yuan for rural endowment insurance in Texas, and it needs to be calculated in combination with local specific policies and regulations.
Shandong rural endowment insurance needs to meet the requirements of age and length of service at the same time when receiving pensions, as follows:
1, Age: The age of receiving rural old-age insurance in China is 60 years old, regardless of gender. As long as you buy rural old-age insurance, you can apply for a monthly pension at the age of 60. But at the same time, we must meet the payment period. It is not enough that the payment period does not meet the requirements and the age does not meet the requirements.
2. Duration: China's rural old-age insurance payment period must reach 15 years or more to receive pensions. If the payment period does not meet the requirements after reaching the specified age, you can choose to continue to pay the pension until the payment is over 15 years.
To sum up, the specific amount of rural endowment insurance in Dezhou can be determined according to the individual payment period, payment base, personal account balance and local basic pension level. Therefore, the specific amount cannot be given directly, and it needs to be calculated in combination with local specific policies and regulations.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 15
The basic pension consists of overall pension and individual account pension.
The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.