Working years are not only a sign of the length of our working time, but also one of the key factors to measure the amount of old-age insurance. I will tell you that working years is only one of the key factors, that is to say, working years play a role in the amount of pension. In China, the retirement system has experienced the changes of the old and new systems. According to the old rules and regulations, there are two factors to determine the level of endowment insurance.

One is on-the-job salary, and the other is working years. Because retirement pension is based on the ratio of on-the-job salary multiplied by working years, the longer the working years, the higher the ratio. For example, if you have worked for more than 30 years, you can reach more than 90% of your pre-retirement salary. However, in addition to working years, a person's post salary is also very important. If a person's post salary is 5,000 yuan, even if the working years are shorter, if he can enjoy the retirement policy according to the proportion of 85%, the monthly pension insurance can reach 42,500. Then if your salary is very low, for example, only 4,000 yuan per month, you can enjoy 90% of the treatment even if you work longer, and the monthly pension insurance is only 3,600 yuan. According to the old rules and regulations to calculate the pension, not only the longer the working years, the higher the pension insurance, but also its own base is very important.

After calculating the pension according to the new system, the minimum payment period is 15 years, which is a minimum payment threshold. The retirement threshold of the old system is 10 year, and the payment period of the new system is five years longer than that of the old rules and regulations. In the new system, the old-age insurance premium is calculated according to the comprehensive factors such as the payment base, the payment period, the balance of individual account funds and the average monthly income of employees in the previous year. Among various factors, the deposit base is the first and the working years are the second. Of course, the working years mentioned here mainly refer to the payment years. After the implementation of the old-age insurance policy, if only the working years have no payment years, or the working years cannot be converted into payment years, then such working years are useless.

In the calculation of pension, although the payment base is the first and the working years are the second, the longer the working years are, the greater the pension insurance premium will be under the same payment base or regardless of the payment base. Working years are often the key in the calculation of endowment insurance, and the key working years are one of the small signs to measure a person's contribution as the payment period. For example, people with high deposit base and long payment period make great contributions to social insurance funds. If your own deposit base is high, the deposit base of the department will be high. If you have a long payment period, the payment period of the department will also be born. The higher the social insurance fund they pay, the higher their endowment insurance premium, which is also the concrete performance of efficiency and fairness in the calculation of endowment insurance.

Generally speaking, the longer the working years, the greater the pension insurance premium, which is indeed reflected in the calculation of pension, but the amount of pension is not only a factor of working years, but a comprehensive factor. That is to say, in addition to working years, there are also the deposit base, the balance of personal account funds, and the average monthly income of employees in the previous year. , have an impact on the pension fund. However, under the same academic qualifications, the longer the working years, the longer the payment period and the higher the endowment insurance.