According to the relevant provisions of the Measures for Enterprise Annuity issued by Ministry of Human Resources and Social Security and the Ministry of Finance on 20 17, enterprise annuity = (individual contribution+enterprise contribution) × payment period. If the annuity is in 400 yuan, it will total 4,800 yuan a year. Assuming that the payment period is 20 years, it is estimated that the accumulated account will be more than 200,000 yuan. If you receive it monthly for 20 years, you will probably get 1300 yuan every month after retirement.

Legal basis: Article 14 of the Enterprise Annuity Measures includes the following contents: (1) Payment by enterprises; (2) Individual contributions of employees; (3) Income from investment and operation of enterprise annuity funds.

Article 15 of the Measures for Enterprise Annuities: The contribution of an enterprise shall not exceed 8% of the total wages of employees each year. The total contributions of enterprises and employees shall not exceed 12% of the total wages of employees of the enterprise. The specific expenses shall be determined through consultation between the enterprise and the employees.

Individual contributions of employees shall be withheld and remitted by enterprises from individual wages of employees.

Measures for enterprise annuities Article 19 Individual contributions and investment income in individual accounts of enterprise annuities of employees shall be owned by individual employees from the beginning.

The enterprise contributions and investment income in the personal account of enterprise annuity of employees can be agreed with employees to be owned by employees from the beginning, or they can be agreed to be owned by employees gradually with the increase of their working years in the enterprise, and the maximum period of full ownership is not more than 8 years.