1. How to calculate the coefficient of retirement pension. The calculation method of basic retirement pension is as follows: basic pension = basic + personal account pension: 1. Basic pension. Basic pension refers to the pension paid to retirees from the basic pension insurance pooling fund.

The monthly basic pension standard at retirement is based on the average monthly salary of local employees in the previous year and the average indexed monthly salary of the employee, and 1% will be paid for every full year of payment.

Basic pension = the average monthly salary of employees in the coordinated area in the previous year at the time of retirement + my average indexed monthly contribution salary) 2 × payment years × 1%; 2. Personal account pension Personal account pension refers to the time when the insured person retires

The pension is calculated based on the personal account savings of basic pension insurance. Personal account pension = personal account savings ÷ number of months.

The number of months calculated does not refer to the actual number of months a retiree receives a basic pension, but a hypothetical indicator calculated based on factors such as the average life expectancy of the urban population.

Personal account pension = the number of months the personal account storage balance is calculated.

Article 15 of the "Social Insurance Law" Basic pensions consist of pooled pensions and personal account pensions.

The basic pension is determined based on the individual’s cumulative contribution years, contribution salary, average salary of local employees, personal account amount, average life expectancy of the urban population and other factors.

Article 16 Individuals who participate in the basic pension insurance and have made cumulative contributions for fifteen years when reaching the statutory retirement age shall receive a basic pension on a monthly basis.

Individuals participating in basic pension insurance who have paid less than fifteen years of cumulative contributions when they reach the statutory retirement age can pay for fifteen years and receive basic pensions on a monthly basis; they can also transfer to new rural social pension insurance or urban resident social pension insurance.

, enjoy corresponding treatment in accordance with the provisions of the State Council.

Article 17 If an individual participating in the basic pension insurance dies due to illness or non-work-related disability, his or her surviving family members may receive funeral subsidies and; if an individual completely loses the ability to work due to illness or non-work-related disability before reaching the legal retirement age,

You can receive disability benefits.

The required funds are paid from the basic pension insurance fund.

Article 18 The state establishes a normal adjustment mechanism for basic pensions.

Based on the growth of average wages of employees and rising prices, the level of basic pension insurance benefits will be increased in a timely manner.

"Interim Provisions of the State Council of the People's Republic of China on the Retirement Treatment of Workers and Staff" Article 4 After workers and staff retire, retirement benefits will be paid on a monthly basis until their death.

The standards for retirement pay are as follows: (1) For workers and staff who meet the conditions (1) and (2) of Article 2 of these regulations, and whose continuous service period is more than five years but less than ten years, the pension shall be 50% of their salary.

; For more than ten years but less than fifteen years, it is 60% of my salary; for more than fifteen years, it is 70% of my salary; (2) In compliance with Article 2 (3) and (3) of these regulations

4) For workers and staff under the two conditions, if the continuous service period is more than five years but less than ten years, it is 40% of their own wages; if they have more than ten years but less than fifteen years of continuous service, it is 50% of their own wages;

For those who have been employed for more than fifteen years, it is 60% of their salary; (3) For staff who meet Article 2(5) of these regulations, it is 70% of their salary; (4) Those who have special needs for the society

The retirement pay of the contributed workers and staff may be higher than the standards set out in (1), (2) and (3) of this article as appropriate, but the increase shall not exceed 15% of the individual's salary and must be approved by the superior.

Approval by the competent authority.

"Interim Regulations of the State Council of the People's Republic of China on the Retirement of Workers and Employees" Article 5 Workers and employees who are disabled due to work and have been determined by the Labor Appraisal Committee or certified by a doctor to have completely lost the ability to work should also retire.

Post-retirement benefits will still be handled in accordance with the relevant provisions of the labor insurance regulations in enterprise units that have implemented labor insurance regulations; in enterprises and institutions that have not implemented labor insurance regulations, if their retirement benefits, food and daily living require assistance, they will be paid on a monthly basis.

Seventy-five percent of the individual's salary, and if no one needs help with food and daily living, 60% of the individual's salary will be paid monthly until the individual's death. Those who have made special contributions to society will also enjoy this provision.

The treatment in Article 4(4).

If a worker or employee who is disabled due to work and has completely lost the ability to work meets the conditions in Article 2 (1), (2) and (5) of this provision, and the standard of retirement payment he should receive is higher than the monthly pension stipulated in the previous paragraph of this article,

When 60% of the individual's salary is paid, his retirement allowance shall be paid in accordance with Article 4 of these regulations.

2. I would like to ask you specifically how pensions are calculated in Shenzhen. Paying pension insurance is equivalent to saving money in a pension account. After retirement, a sum of money will be paid out every month to protect life in old age. This money is the pension.

Pension can be received indefinitely, but there is one condition, that is, you have to live forever! Even if the balance of your pension account has been used up, you can still receive it, and the standard of pension will be raised year by year. The longer you live,

The pension you receive every month will only increase.