The ratio of the annual payment base to the local average monthly salary in the previous year.

Add it all up and average it.

The indexed monthly average wage is the value obtained above multiplied by the local average monthly wage at retirement.

For example, in 2000, the local monthly average was 1000, and in 2006, it was 5438+0. Your monthly payment base was 2000, so the index of that year was 2. If this continues, the index will be 2 every year, and when you finally retire, the average index will be 2.

Then my indexed monthly average payment salary is

2* Average local monthly salary at the time of retirement.

Number of months corresponding to my retirement age

The country has a statistic, the average life expectancy of people (different for men and women).

For example, the average life expectancy of men is 80 years old and the retirement age is 60 years old.

So usually a man's retirement must be a pension of 20* 12=240 months.

The money in the personal account has to be collected in 240 months in order to figure out how much money to pay back each month.

But personal accounts still have interest.

So according to the annual interest and the length of 240 months, you will get a month.

Personal account/calculation months is the money you can get from your personal account every month, which guarantees your airspace for 240 months.

If you live long, the social security bureau will take money from the overall fund to supplement it.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.