(1) Pension calculation and payment method: If the pension reaches the legal retirement age and the accumulated payment period reaches 10 or 15 or above, the basic pension will be calculated and paid according to the following methods: monthly basic pension = basic pension+personal account pension. 1, basic pension = (when retiring, the average monthly salary of employees in the whole province in the previous year is ten times of the average monthly payment salary) /2× my payment period) × 1%. 2. Personal account pension = the amount of personal account storage at retirement/the number of months corresponding to my retirement age. If there is an one-child certificate, the total pension will increase by 5%. 65438+1September 30, 998 or before, there is also a transitional pension. (2) There are three factors that affect the amount of pension: 1. At the time of retirement, the average salary of the previous year (the average salary of the province is increasing every year, and the pension is increasing year by year. So the later you retire, the more your pension will be. My payment period (including actual payment period and deemed payment period). The longer the payment period, the more pensions) 3. Personal account savings (the more contributions, the more pensions). Note: The regulations vary from place to place, and the policy of the insured place shall prevail. (3) The new retirement wage regulations stipulate that basic wage workers are determined according to their qualifications: with the growth of the national economy, the length of service is 65,438+2,000 yuan, the length of service is 65,438+2,300 yuan, the length of service is 2,500 yuan, the length of service is 2,800 yuan, the length of service is 3,000 yuan and the length of service is 3,500 yuan. 1, length of service salary (including length of service): with the increase of length of service, 30 yuan every year. The implementation of seniority wage is not only to take care of the old workers, but more importantly, to encourage lifelong obedience to workers, which is conducive to the construction and stability of the workforce. 2. Work salary: the subsidy received is based on the principle of remuneration according to work; Mainly to encourage workers to work more, especially young workers, who are full of energy. They have earned more for their hard work, which is not only psychological comfort, but also an encouragement. 3. Performance pay: monthly and annual bonus (not title pay). This bonus can only account for about 10% of salary. Everyone recommends competitive performance, annual bonus and no tenure. Every worker works hard and has hope every year. Mainly to encourage effective work and excellent quality, not only to encourage more work and more pay, but also to encourage working people. 4. Senior allowance: If all workers are recognized as excellent workers, there is no quota limit, and the departments at or above the county level will determine them according to high standards, such as the State Council allowance and the county/municipal government allowance, which are not lifelong. Mainly for those who have made special research achievements in labor work and have been well promoted, they can be graded according to the size of their influence, or different standards can be formulated by the state, the provincial level, cities and counties, so that those talented workers can get the rewards they deserve and really play an incentive role. 5. Workers' pension: every year of work 100 yuan according to the length of service. By analogy, the pension for 10 service is 1000 yuan. The pension for 20 years is 2000 yuan, the pension for 30 years is 3000 yuan, and the pension for 40 years is 4000 yuan. Whether senior workers, intermediate workers or ordinary workers. Pensions are equal. Civil servants should also be equal regardless of their positions. It's the same as workers' pension. It will be completed in three years. 6. Endowment insurance: Generally speaking, you have to pay 15 years, and you can enjoy the pension for life when you retire. Therefore, those who want to get a pension must start paying before you retire. If you pay less than 15 of the old-age insurance at retirement age, the state will refund all the 8% pension saved in your personal account when you retire.
Legal basis:
People's Republic of China (PRC) social insurance law
Tenth employees should participate in the basic old-age insurance, and employers and employees should pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.
Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.
Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.
Thirteenth employees of state-owned enterprises and institutions to participate in the basic old-age insurance, the basic old-age insurance premium should be paid by the government during the payment period. When the basic old-age insurance fund is insufficient to pay, the government gives subsidies.
Article 14 Individual accounts shall not be withdrawn in advance, and the bookkeeping interest rate shall not be lower than the bank time deposit interest rate, and interest tax shall be exempted. If an individual dies, the balance of the individual account can be inherited.
Fifteenth basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.