Funding criteria. Personal account funds are paid by rural school-age residents according to the standard of not less than 5- 10% of the per capita net income of the county (city, district) in the previous year; Conditional village collectives (or other economic entities) can give a certain amount of payment subsidies to insured farmers. The basic pension is shared by the provincial, municipal and county governments. Since the pilot, the insured rural school-age residents have been determined to be 30 yuan per person per month when their payment has reached the prescribed standards and years; The basic pension will increase by 65,438+0% every full year. For rural elderly residents who have reached the age of 60 at the initial stage of the pilot, they shall be determined according to the 30 yuan per person per month. The basic pension is shared by provinces, cities and counties according to the ratio of 1: 1: 1. Where conditions permit, the basic pension level can be appropriately raised, and special groups such as family planning special care households can be taken care of, and the required funds will be borne by local governments.