What is the deemed contribution index for retired employees of government agencies and institutions, and how is it formulated?
Yesterday my mother came home with an angry look on her face and told me that she had gone to visit a friend today. This friend used to work in a public institution and just retired last month.
The mother mentioned that this friend now enjoys a pension of more than 5,000 yuan a month. After that, she took out her phone, opened the photo album, and showed me her friend's pension accounting sheet.
Subsequently, my mother pointed to the "deemed contribution index" item on the accounting slip and asked me, "Look, why is her deemed contribution index 1."4. And I don't have this item on my accounting sheetShe got 1How is 4 calculated?”
After listening to my mother's question, I hurriedly explained it to her. Many people may be curious about the deemed contribution index of retirees in government agencies and institutions, but how much is it and how is it determined?Today, I will explain it to you in detail. 
First of all, we understand that the pension insurance contribution index of government institutions and institutions was only established in September 2014, so the length of service before this is called the deemed payment period.
The deemed payment period means that no payment has actually been made, but it is deemed to have been paid.
For example, if Lao Li joined the public institution in 1998 and retires this year, then his deemed contribution period will be from 1998 to September 2014, and the specific calculation needs to be measured in months.
With the deemed contribution period, there is a transitional pension. Transitional pensions occupy a very important role in the composition of pensions.
The pension of retirees of government institutions is composed of four parts, including basic pension, personal pension, transitional pension and occupational annuity.
The formula for calculating the transitional pension is: pension calculation base in the year of retirement * deemed contribution period * deemed contribution index * transition coefficient.
The transition coefficient varies from region to region, with some regions being 13%, while in some areas it is 10%。
For corporate retirees, the deemed contribution index is calculated on the basis of 1 in most regions, but in some regions, it is not calculated on the basis of 1, but on the basis of the deemed account savings. However, for corporate retirees, this measurement rarely results in a final deemed contribution index of more than 1.
After talking about the deemed contribution index of enterprise personnel, now let's discuss the deemed contribution index of retirees of government agencies and institutions.
The deemed contribution index of retirees of government agencies and institutions is obtained by querying the deemed contribution index table, and it may vary from region to region.
The deemed contribution index table usually includes three data, namely the job index, the salary scale index and the retirement allowance index.
The three queried data are added together to obtain the final deemed contribution index.
For example, if Lao Li's job index is 06. The pay scale index is 05. The retirement subsidy index is 02, then his deemed contribution index is: 06+0.5+0.2=1.3。
Retirees of many government agencies and institutions can enjoy a deemed contribution index of more than 1, especially some people with deputy senior professional titles, and their deemed contribution index may reach 14。
In general, the deemed contribution index of retirees of government agencies and institutions is linked to their professional titles, ranks and retirement subsidies. The higher the title and rank, the more generous the retirement allowance, which in turn leads to an increase in the deemed contribution index.
In the same region, for example, people with senior professional titles tend to have higher deemed contribution indices than those with deputy senior professional titles.
To sum up, the deemed contribution index of retirees of government institutions and institutions is mainly related to the level of professional titles, ranks and retirement subsidies. By understanding these factors, do you have a clearer understanding of the concept?