Pension insurance 2021 calculator, pension calculation formula: basic pension = basic pension + personal pension.
Introduction to basic pension: Basic pension, also known as pension and retirement fee, is the most important pension insurance benefit.
Relevant national documents stipulate that after workers become old or lose their ability to work, insurance benefits paid monthly or in a lump sum in the form of currency are mainly used based on their contributions to society and their qualifications for pension insurance or retirement conditions.
To protect the basic living needs of employees after retirement.
In order to protect the livelihood of enterprise retirees, my country has significantly adjusted the basic pension levels of enterprise retirees for eight consecutive years from 2005 to 2018.
Starting from January 1, 2018, the basic pension level of enterprise retirees will continue to be increased, and the increase will be determined by 10% of the monthly per capita basic pension of enterprise retirees in 2018.
Basic pension calculation method: (1) Basic pension = the average monthly salary of employees in the province in the previous year at the time of retirement multiplied by (1 + my average contribution salary index) ÷ 2 times the payment period (including the deemed payment period, the same below)
) times 1%.
My average paid salary index = (the deemed payment index times the deemed payment years + the actual average payment index times the actual payment years) ÷ the payment years.
When a staff member retires, his/her deemed contribution index will be determined based on his/her job rank (technical title) at the time of retirement.
Actual average payment index = (Xn/Cn-1+Xn-1/Cn-2+……+X/C+X/C+X/C/N actually paid. Xn, Xn-1……X are parameters respectively The sum of the monthly salary base from the year the insured person retires to the corresponding year; Cn-1, Cn-2...C are respectively the average annual salary of the province's active employees from the year before the insured person retired to the corresponding year; N is the insured person's annual salary base The actual number of years a person has paid pension insurance premiums: (2) Personal account pension = the accumulated savings in the personal basic pension insurance account at the time of retirement ÷ the number of months of payment (3) Transitional pension = the number of months of employment in the province at the time of retirement. The deemed contribution index is calculated by multiplying the average salary by the deemed payment index and the deemed payment period by 1.3%. The deemed payment index is separately formulated and released by the Provincial Department of Human Resources and Social Security and the Provincial Department of Finance. The above is the basic pension for urban employees. my country also has pension insurance for urban and rural residents, which is mainly composed of basic pension and personal account pension. The basic pension for urban and rural residents is mainly subsidized by the central and local governments. The minimum pension standard is 93 yuan per month. After additional subsidies from local governments, the standard is generally between 100 and 200 yuan. The highest basic pension in the country is 1,200 yuan per month. The basic pension for urban and rural residents is 1,200 yuan. Everyone is equal, but some areas will give preference to those who have paid for more than 15 years and the elderly. Introduction to basic pension: Basic pension is also called social pension. It is an important part of the basic pension for retirees. The new calculation and payment method stipulates that the basic pension refers to the average of the sum of the provincial average monthly salary of employees on the job in the previous year and the employee's indexed average monthly contribution salary (i.e. half of the sum of the two numbers) as the calculation base when the employee retires. 1% of the basic pension will be paid for every one year of payment (including the deemed payment period, calculated to the month) = (average monthly salary of employees in the province in the previous year + my average indexed monthly payment salary) ÷ 2 × payment period ×. 1% = Average monthly salary of employees in the province in the previous year (1 + average contribution index of the individual) ÷ ??2 × payment period × 1%. Average monthly salary of the employee in the province = average monthly salary of the employee in the province in the previous year × average contribution of the individual. Index. As can be seen in the above formula, in any case, the higher the payment base and the longer the payment period, the higher the pension will be received indefinitely. It is stipulated that as long as the recipient survives, he can enjoy the benefits of receiving a monthly pension. Even if the personal account pension has been used up, it will continue to be calculated and paid according to the original standard. Moreover, the personal pension will be based on the salary of the employees in the society year by year. The increase in the average monthly salary increases. Therefore, the longer you live, the more you can receive, which is definitely more cost-effective compared to payment. my country’s social pension insurance is divided into basic pension insurance for urban employees and basic pension insurance for urban and rural residents. , the pension benefits of these two types of pension insurance will be divided into two parts: basic pension and personal account pension. The principle of paying more and getting more is realized.
The basic pension of urban and rural residents’ pension insurance is fully subsidized by the state finance and is in the nature of a state pension. There are two main conditions for receiving the basic pension for urban and rural residents.