Retirement pension consists of two parts: basic pension and personal account pension.

basic pension = (the average salary of employees in this city in the last year+the average monthly salary indexed by myself) ÷2× payment period (including deemed payment period )× 1%

personal account pension = the amount of personal account ÷ the number of months of payment

Notes:

1. Work before June 3, 1998, After January 1st, 26, the insured eligible to receive the basic pension on a monthly basis

The retirement pension consists of two parts: basic pension+personal account pension+transitional pension

2. For the insured eligible to receive the basic pension on a monthly basis after July 1st, 1998, the retirement pension consists of two parts: basic pension+personal account pension

3. In 26. Personal account storage amount is paid to me in one lump sum, and at the same time, a one-time pension compensation is issued to terminate the basic old-age insurance relationship.

4. People who have retired before December 31, 25 will still be given basic pensions according to the standards stipulated by the original state and this Municipality, and the normal adjustment methods of basic pensions will be implemented. ? :

If the insured meets the following conditions, he will receive the basic pension on a monthly basis from the month following the approval of the administrative department of labor and social security:

1. If he meets the retirement conditions stipulated by the state and goes through the relevant formalities;

2. Those who have paid the basic old-age insurance premiums in accordance with regulations for a cumulative payment period of 15 years. The basic pension is paid by the social insurance agency.

Beijing Municipal Bureau of Human Resources and Social Security-Provisions of Beijing Municipality on Basic Endowment Insurance