hello! Whether it is cost-effective for individuals to pay endowment insurance depends on your life span. Long life is cost-effective; It is not worthwhile to have a short life. At present, China's pension is issued from reaching the statutory retirement age to the month of death. The longer you live, the more pensions you receive, and the more cost-effective. How much pension you can get after retirement is different for everyone. At present, the calculation of pension amount in China is linked to three factors: (1) the years of paying social insurance funds (also known as "length of service"). The longer the years of paying social insurance funds, the higher the pension amount. Some provinces, autonomous regions and municipalities directly under the Central Government divide the length of service into six grades: 15 years, 2 years, 25 years, 3 years, 35 years and more than 35 years. The higher the grade, the higher the pension amount. In some places, regardless of grades, one year's service is counted as one year's service, and the maximum service is 44 years (calculated according to the age of 16 and retirement at the age of 6). (2) The balance of the personal account of endowment insurance (referred to as "personal account balance" for short), the higher the personal account balance, the higher the pension amount. (three) the level of local social and economic development in the last year of retirement (referred to as "regional differences"). The actual operation is based on the average monthly salary of employees in various provinces, autonomous regions and municipalities directly under the Central Government in the previous year.) The higher the local social and economic development level, the higher the pension amount. For those who retire in the north, Guangzhou and Shenzhen, the pension amount is definitely much higher than that of those who retire in the old, young and poor areas. In addition, in some places, the staff of the Social Insurance Fund Management Center of the Human Resources and Social Security Bureau also follow the principle of "dividing into yuan" when calculating the pension amount. Assuming that your pension amount is calculated according to the above three factors, the data is 2468.41 yuan, and the actual amount paid is 2469 yuan/month. There are also places where the calculation results are accurate to the angle or even to the minute, and the actual payment amounts are 2468.5 yuan and 2468.41 yuan respectively. Thanks for reading!

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