Pension, as a stable income enjoyed by a person after many years of labor, is often the main life of everyone after retirement.
And when an old man with nearly 40 years of service and a cumulative amount of more than 130,000 personal accounts officially retires, he can imagine the excitement in his heart in the face of the amount of pension he can receive.
A pension is not just a sum of money, it also carries the reward of a person's hard work, the country's commitment to workers, and a person's expectation of providing for the elderly.
The pension that is regularly credited every month seems to be a kind of remembrance and commemoration of the past working years.
First of all, we need to understand the classification of pensions.
To put it simply,Pensions can be divided into resident pensions and employee pensions.
The former has a lower contribution standard, so the pension received is also relatively small;The latter, on the other hand, require higher contributions and can therefore receive more pensions.
This is a fundamental difference.
But no matter what type of pension it is, the principle of their calculation isPay more, pay more, pay more
This also means that the longer a person works, the more pension contributions he pays, and the more pension he will receive when he retires.
However, the pension is not a fixed amount.
Due to the differences in various regions, the pension calculation base and payment level of 31 provinces and cities in the country are different.
This means that even if two people are on the same level of contributions, they will end up with different pensions due to the different levels of contributions in their locations.
Going back to the friend mentioned above, he has almost 40 years of work experience, including 14 years of deemed contributions, so how is his pension calculated?
The process of calculating a pension can be divided into four steps.
The first is the calculation of the basic pensionThis part is determined according to the calculation and payment base of the pension, the contribution index and the cumulative number of years of payment.
Secondly, it is necessary to calculate the pension of the personal account, which is determined based on the cumulative amount of savings in the personal pension account and the number of months of calculation and issuance stipulated by the state.
And then, weA transitional pension needs to be determinedThe amount of this part is calculated based on the pension calculation base, the full contribution index and the deemed contribution period.
Finally,By adding the amounts of the above three parts, we can get a monthly basic pension.
For this friend, his final monthly pension was 524578 yuan.
This may be a satisfying number for a lot of people. And for this old man, this money represents his years of hard work and dedication.
There are two more points to note here.
First,The pension base needs to be updated every yearHowever, because the new base has not yet been announced, the current pension is prepaid, and it needs to be recalculated and reissued after the new base is announced.
Second,Contributory wage indexIt plays an important role in the calculation of pensions, as it affects the amount of basic and transitional pensions.
In short, no matter how much or how little our pension is, it is an affirmation of our years of labor.
It is hoped that every retired elderly person will be able to enjoy the happiness and tranquility they deserve in their old age.