1, Beijing new pension calculation formula

(1) Monthly Pension Calculation

Monthly pension = basic pension monthly standard personal account pension monthly standard transitional pension monthly standard

(2) Calculation of basic pension

The monthly standard of basic pension is based on the average monthly salary of local employees in the previous year and my indexed monthly salary, and the payment is paid to 1% every full year. The calculation formula is:

Basic pension = (when the insured retires, the average monthly salary of local employees in the previous year, and the average monthly payment salary of the insured himself) ÷2× payment period × 1%

(3) Calculation of personal account pension

Monthly standard of personal account pension = accumulated amount of insured person's personal account/number of statutory payment months.

(4) Calculation of transitional pension

Transitional pension (G)= Transitional pension calculated according to deemed payment period (G with) Transitional pension calculated according to actual payment period (G real)

Where: g = c× z× n×1%; G real =C flat× z real index× n real 98× 1%.

The payment period involved above is calculated to the month, with two decimal places; Involving the calculation of the basic old-age insurance premium, the unit is yuan, and two decimal places are reserved.

II. Pension in Beijing in 2022

The difference between urban and rural areas is also relatively large, about 1, 000-3,000. Among them, 70% people can't get full salary after retirement, and they can only get 70% one month before retirement. This ratio also varies with the length of teaching.

The pension amount of each retiree is not exactly the same, and we can only know it after calculation. The amount of pension is mainly linked to these two factors: one is the number of years of paying social insurance funds, which is also commonly known as "length of service", and the other is the number of years of participating in insurance contributions. If the payment period is longer, the pension benefits will definitely be more accordingly.

There are many conditions to participate in old-age care, especially the employee pension insurance. In addition to the accumulated payment years, there are also the average payment index and the average social salary of the previous year, including the balance in your personal account and your retirement age. Because different retirement ages will determine different months, these situations will be related to future pension benefits.

Pension adjustment scheme for retirees in Beijing

1, for retirees with payment years 10 or above, the 3.5 yuan will be increased every month for every 1 payment years;

2. For retirees whose payment period is less than 10 years (excluding retirees of land-expropriated farmers), 35 yuan will be increased per person per month;

3. If the payment period is less than 15 years, the construction land-expropriated farmers will be converted into retirees, with an increase of 52.5 yuan per person per month.

legal ground

Social insurance law

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Seventeenth individuals who participate in the basic old-age insurance, due to illness or non-work-related death, their survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.