New regulations on the payment of one-child allowance in 2020: how much is it per year?

New regulations on the payment of one-child allowance in 2020: how much is it per year?

New regulations on the payment of one-child allowance in 2020

【1】Parents who have obtained the Honor Certificate for Having an Only Child can receive a subsidy of at least 60 yuan per year until their child turns 18;

【2】After parents reach the age of 59, the state will provide them with an annual subsidy of RMB 960.

【3】 Parents of single-child families are given a certain subsidy when purchasing the new rural pension insurance (some places even exempt it completely), which is in line with the subsidy policy for single children in rural areas.

[4] When the parents of an only child reach the age of 55 for the female and 60 for the male, each of them will receive a one-time reward of at least RMB 1,000.

The above are the new regulations for the issuance of one-child fees in 2020. Do you understand?

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