The calculation of a worker's retirement salary generally follows certain formulas and methods. According to the laws of most countries and regions, a worker's retirement salary is mainly composed of two parts: a basic pension and a personal account pension.
Basic pension: The basic pension is usually calculated based on the number of years the worker has contributed and the average local wage level. The specific calculation formula may vary from region to region, but the general principle is that the longer the contribution period, the higher the basic pension.
Personal account pension: The personal account pension is calculated based on the amount of savings in the worker's personal account. Funds in personal accounts** for contributions made by workers and employers, as well as possible investment income. At the time of retirement, the savings in the personal account will be distributed according to a certain number of months.
Contribution period: The contribution period is one of the important factors affecting retirement salary. In general, the longer the contribution period, the higher the retirement salary received.
Contribution base: The contribution base is the basis for individuals and units to pay pension insurance premiums, which directly affects the calculation of retirement wages.
Personal account deposit: The personal account deposit amount is the sum of the individual contribution part and the unit contribution part, which is an important basis for calculating retirement salary.
Take a worker who has worked in a city for 30 years as an example, suppose that the average monthly salary of the local on-the-job employees in the previous year is 6,000 yuan, the average monthly indexed monthly salary is 4,500 yuan, and the personal account storage amount is 120,000 yuan. Based on the above formula, the worker's retirement salary is calculated as follows:
Basic pension = (6000 + 4500) 2 30 1% = 1575 yuan.
Personal account pension = 120,000 139 = 863$31 (assuming retirement at the age of 60, the number of months is 139 months).
Therefore, the monthly retirement salary that the worker can receive is a basic pension of 1,575 yuan plus a personal account pension of 86331 yuan, a total of 243831 yuan.
The Social Insurance Law of the People's Republic of China and other relevant laws and regulations have detailed provisions on the calculation of workers' retirement wages. When going through the retirement procedures, workers should carefully understand the relevant policies and regulations to ensure that their rights and interests are protected.