The latest pension rules and calculation methods for 2024 have been introduced, which is directly related to the vital interests of each of us. Let's take a look at the main changes in the new rules.
There are three main adjustments to the pension rules this time:
The conditions for receiving it are more stringent. In order to receive a pension, you must have paid 15 years of pension insurance and reach retirement age. This effectively prevents those who want to retire early or "eat empty pay".
The calculation method is more scientific. The new regulations adopt a more scientific calculation method, taking into account factors such as the individual contribution base, the number of years of payment, and the average local wage. In this way, the amount of pension received by each person will be more fair and reasonable.
The amount of pensions is also more reasonable. The new regulations also stipulate the formula for calculating pensions, which is clear at a glance. The formula is: pension = (individual contribution base + local average salary) 1% of the contribution period. In this way, we can easily calculate how much pension we can receive each month.
To understand how pensions are calculated more intuitively, let's illustrate with a concrete example:
Let's say Mr. Lee is 60 years old this year and is just about to retire. He has been contributing to pension insurance for the past 35 years. Mr. Li's personal contribution base is 6,000 yuan on average, and the average salary in his area is 8,000 yuan.
First of all, we calculate the sum of the individual contribution base and the average local wage: 6,000 yuan + 8,000 yuan = 14,000 yuan.
Then, we multiply this sum by Mr. Li's payment period (35 years): 14,000 yuan 35 years = 490,000 yuan.
Finally, we multiply this result by 1%: 490,000 yuan 1% = 4,900 yuan. Therefore, the pension that Mr. Li can receive every month is 4,900 yuan.
It should be noted that the amount of pension is not fixed, it will change with the change of individual contribution base and payment period. At the same time, the amount of pension will also be adjusted according to the adjustment of social security policies.
Therefore, it is recommended that when you pay endowment insurance, you should try to choose a higher payment base and a longer payment period, so that you can receive a higher pension after retirement.