The merger of the pension system refers to the unification of the pension insurance system of government institutions and the enterprise pension insurance system, and after the merger of the pension system, the basic pension calculation method of retirees of government institutions has undergone certain changes. I will answer this question in detail.
The new pension calculation principles mainly include the following points: overpayment, long-term payment, treatment and contributions, fair and sustainable. On this basis, the calculation method of basic pension for retirees of government institutions mainly includes the following three aspects:
The basic pension is calculated based on the retiree's contribution years and contribution base. After the merger of the pension system, the basic pension calculation method for retirees of government agencies and institutions is the same as that for retirees of enterprises.
The specific calculation formula is as follows:Basic pension = contribution base payment period contribution ratio
Among them, the payment base refers to the average salary of the year before retirement, and the payment period refers to the sum of the actual payment period and the deemed payment period, and the payment ratio is uniformly stipulated by the state.
In the process of merging the pension system, in order to ensure the smooth transition of the treatment of retirees, a transitional pension has been established. The transitional pension is mainly for retired people (that is, those who participated in the work before the reform and retired after the reform), and its calculation method is similar to the basic pension, but there are certain differences.
Transitional pension = contribution base Transitional coefficient Contribution period.
Among them, the transitional coefficient is set according to the actual situation of each locality, which is generally higher than the calculation and issuance coefficient of the basic pension. In this way, the transitional pension for retirees is often higher than the basic pension.
Personal account pension refers to the pension accumulated in the personal account of retirees. After the merger of the pension system, the calculation method of personal account pension for retirees of government agencies and institutions is the same as that of enterprise retirees.
It is calculated as follows:Personal account pension = personal account accumulation Estimated number of months to receive it.
The estimated number of months of benefit is determined on the basis of the life expectancy of retirees and is generally implemented in accordance with uniform regulations.
Based on the above three aspects, the basic pension calculation formula for retirees of government institutions and institutions is as follows:
Basic pension = (payment base, payment period, contribution ratio) + transitional pension + personal account pension.
After the merger of the pension system, in order to ensure the fairness of the treatment of retirees, all localities have also made clear provisions on the deemed payment period and transitional coefficient. This makes the pension benefits of retirees more fair and reasonable. Through the principle of paying more and getting more for a long time, in-service personnel are encouraged to actively participate in insurance and pay premiums.