Rural residents who participate in the new rural old-age insurance should pay the old-age insurance premium according to the regulations. At present, the payment standard is set at 8 grades: 100 yuan per year, 200 yuan, 300 yuan, 400 yuan, 500 yuan, 600 yuan, 800 yuan and 1000 yuan per year. Insured people can choose their own grades to pay, and if they pay more, they will get more, of which 100 yuan, and 200 yuan will pay for special groups.

The new rural insurance agency shall establish a personal account for the old-age insurance with lifelong records for each new rural insurance insured.