Regarding the calculation method of employee pension, the pension of employees when they retire is composed of two parts: pension = basic pension + personal account pension.
Personal account pension = personal account savings Number of months (the number of months is determined according to the retirement age and the average life expectancy of the population at that time.) The number of months is approximately equal to (average life expectancy - retirement age) x 12. Basically, retirement at the age of 50 is 139. Basic pension = (the average monthly salary of on-the-job employees in the province in the previous year + the average indexed monthly contribution salary of the person) 2 Payment period 1% = the average monthly salary of the on-the-job employees in the province in the previous year (1 + the average payment index of the person) 2 The payment period is 1%.
Among them, the indexed average monthly payment wage = the average monthly salary of the province's on-the-job employees in the previous year and the average payment index of the person. In the case of the same payment period, the level of the basic pension depends on the average contribution index of the individual, and the average contribution index of the individual is the average of the ratio of the actual contribution base to the average salary of the society. The lower limit is 06, the upper limit is 3. Therefore, in the two calculations of pensions, the higher the contribution base and the longer the number of years of contributions, the higher the pension will be.
For example: Xiao Mo has paid for 30 years, and there are currently 200,000 in the pension account, assuming that the average monthly salary in Zhejiang Province in 2023 is 7,800 yuan, and Xiao Mo's average monthly salary in the previous year is 15,600 yuan, and Xiao Mo retires at the age of 55, and the corresponding number of months is 170. Then: basic pension = (7800 + 15600) 2 30 1% = 3510 yuan personal account pension = 200000 170 = 117647 Then after Xiao Mo retires, the monthly pension = basic pension + personal account pension = 3510 + 117647=4686.47 yuan.
If it is an urban and rural resident pension insurance, its calculation method is personal account pension + basic pension, wherein: personal account pension = all personal account savings (individual payment + ** subsidy + collective subsidy + other) 139;
In addition, the basic pension also includes the basic pension with years and the basic pension for the elderly. Among them, the basic pension of the year refers to the fact that the insured can get an additional amount of money every month for each additional year after meeting the cumulative minimum payment period of urban and rural residents' pension insurance for 15 years; The basic pension for the elderly refers to the fact that the elderly can get an extra amount of money every month, for example, a place stipulates that each insured person between the ages of 65 and 75 will receive an additional basic pension per month5; Insured persons between the ages of 76 and 85 receive an additional basic pension of 10 per month; Insured persons aged 86 and above will receive an additional basic pension of 20 per month per person.
It should be noted that the pension is generally adjusted every year, so the actual pension amount received by the insured may be higher or lower. Therefore, the specific amount of pension that can be received should also be subject to the actual local policy provisions.
Note: The content of this article is for reference only, and the specific information is subject to the local government).