Because the balance of individual basic old-age insurance account is only 8% paid by individuals, we only paid the fee for five years, which is about 1 10,000 yuan. But this is not a basis for you to calculate the pension, because the way people in public institutions calculate the pension is more complicated, even the combination of new methods and old methods.
Moreover, after 20 14 and 10, retirees of public institutions can also get some transitional pension benefits. Therefore, having this part of the transitional pension can make up for a gap after retirement as a public institution. So in this case, you can get yourself a higher pension. In fact, the people in the institution will not be lower than the pension benefits of the elderly in the institution.
However, the staff of public institutions do not calculate pension benefits completely according to their personal accounts. Because the working years of this part of institutions before 20 14 can be regarded as the payment years or the old-fashioned calculation of their pension benefits, it is actually not directly related to personal balance.
Therefore, how much pension you can finally get depends on your working years. The longer you work, the more individuals you have. Then you can get more pensions, and individuals with short working years can get less pensions. As for the so-called personal account, it is only a reference value, that is to say, how much old-age insurance you have paid after 20 14. After all, this old-age insurance only accounts for 8% every month and enters your personal account, so his money will not be much.