After paying for 25 years, the balance of 50,000 yuan, how much is the retirement pension?
The cumulative payment period of pension insurance is 25 years, which is not very long, of course, it is not very short, because the minimum payment period is 15 years, so for you personally it is 10 years more than the minimum payment period, and the future pension will be much higher than the lowest, and the level of pension treatment will definitely be higher. The pension balance in your personal account is 50,000 yuan, first of all, the 50,000 yuan is not a very high level, on the contrary, it is a relatively low level, the pension balance in your personal account is 50,000 yuan, first of all, the 50,000 yuan is not a very high level, on the contrary, it is a relatively low level.
This is due to the fact that the pension calculation base, including the social security contribution base, is constantly increasing. In fact, many people dip the money in their personal pension insurance account close to 10,000 yuan every year, even if they only pay pension insurance for a few years, they can achieve a personal account balance of more than 50,000 yuan, or even higher. If you pay 25 years of pension insurance, the total amount of the final personal account is only 50,000 yuan, which is not very high, so for us retirees, in principle, the pension treatment is not particularly high.
The root cause of the low personal account balance is, on the one hand, the relatively low contribution rate or contribution level of the pension insurance you are enrolled in, and it is possible that you have chosen to participate in the minimum standard of 60% or even 40% over the past 25 years. As a result, the average contribution rate is relatively low, so the level of pensions in the future will not be particularly high. We can simply divide the total amount of $50,000 in the personal account by the number of months of contribution corresponding to the retirement age.
For example, if you retire at age 60, the corresponding number of months is 139 months, and 50,000 divided by 139 equals about 360. Of course, this is not the whole of our pension, but only a small part of the pension, because this is the personal account pension part, and on top of this there is also the personal basic pension part. However, the basic pension is calculated precisely based on the number of years of contribution, the average contribution rate and the pension calculation base of the region where the retirement is located. The conditions for calculating the basic pension are not very clear, so it is not possible to calculate it precisely.
But you can make a rough estimate, because your personal account pension, as we have learned, is about 360, so the basic pension should be three times the personal account pension, and the pension is about 1000. If we add a personal account pension of 360, we can get a pension of about 1500, or no more than 2000. So, that's an approximate range. The pension as a whole is not special, on the one hand, it is high because your contribution period is not long, and on the other hand, your average contribution rate is also directly related. If you want to get a higher pension, the first thing you need to know is that the total pension in your personal account is higher.
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