The calculation of retirement wages and benefits of middle-aged people is higher by the new method than by the old method. Is the higher the difference, the better? You are right. The more the difference, the greater your pension insurance. By the end of the 1-year buffer period, your pension insurance will be very high.

since the administrative institutions gradually paid endowment insurance in October 214, people who retired after October 214 are customarily called retired people. Because retired people are in the buffer period of the old and new retirement systems, in order to ensure the old-age insurance benefits of retired people, China will not reduce retirement wages because of retirement according to the new system. Therefore, in the calculation of pensions, the principle of "keeping the height low" is adopted. The so-called "keeping the height low" is that when calculating pension insurance, it is calculated in strict accordance with both the old method and the new method, and compared after the two conclusions are calculated. If the value calculated by the new method is higher than that calculated by the old method, it is guaranteed to be low, which is actually to ensure that the level of pension insurance for Chinese people is not easy to be less than the conclusion calculated by the old method.

However, according to the conclusions calculated by various places, it is very rare that they are basically less than those calculated by the old method, and the conclusions calculated by most people need to be higher than those calculated by the old method, because there are too many differences above, which will also cause strong dissatisfaction among retired workers according to the old method. In order to balance the relationship between the two, a highly restrictive measure was promulgated, that is, a 1-year buffer period was adopted to calculate the salary according to the proportion. That is to say, the higher part will be counted as 1 in the first year and 2% in the second year. By September 3, 224, all the payments will be timely, and the higher part will be counted as 1%.

Because the higher part is calculated according to the proportion of the 1-year buffer period, such a result can not only make retired old people feel a little more stable, but also make it very easy for people to accept it. More importantly, it is more important for every novice to see his own pension expectation in the future, that is, retirement according to the new system is indeed more advantageous than retirement according to the old method, and the pension insurance premium is higher. It has successfully promoted the reform of the pension insurance policy of administrative institutions and completed the real merger from the dual-track system to the single-track system, which is domestic.

Only in the calculation of the old-age insurance for retired people, due to the differences in the length of working years, many factors, such as on-the-job position, job level and professional and technical titles, are all retired people and are calculated according to the old and new methods. Compared with ordinary employees, these people with long working years and very high ratio of positions, job levels and professional and technical titles are also very different. According to the results of the old and new methods, the more differences there are, the square root of the pension will be very high when it is calculated according to 1% in the future.

For example, according to the old algorithm, it is 5 yuan per month, but according to the new algorithm, it is 8 yuan per month, and there will be a difference of 3 yuan. Therefore, if it is higher than 3, yuan, even if it is calculated according to 1% in the first year, the pension insurance premium paid by the individual is still 5,3 yuan, 5,6 yuan in the second year, and 8, yuan in the tenth year. In this 1 years, although the pension insurance premium for retired workers is adjusted every year in China, the difference may be reduced after adjustment, but people with high pension base have an absolute advantage from beginning to end.

Generally speaking, the old-age pension insurance for retired people is calculated according to the old and new methods. If the old-age pension insurance calculated by the new method is higher than that calculated by the new method, it is based on the part of the 1-year buffer period that is higher than that calculated this year. The more the difference of the old-age pension insurance, the higher the difference, the higher the square root of the pension, which indicates that the square root of the pension will be.