1. The new rural endowment insurance fund consists of individual contributions, collective subsidies and government subsidies. Rural residents who participate in the new rural insurance by individual contributions shall pay the old-age insurance premium according to the regulations. The payment standard is set at 100 yuan per year in 200 yuan, 300 yuan, 400 yuan and 500 yuan. The insured can choose their own grades to pay, and the more they pay, the higher the amount they will receive every month in the future.

2. If the economic conditions of the new rural endowment insurance fund are good, it can be arranged at a higher level, so that you can get a higher pension when you are 60 years old, and the amount of pensions that rural endowment insurance can receive after the statutory retirement age is different.