After working all my life, I finally retired.

Receiving pensions on a monthly basis is a reflection of people enjoying the fruits of their hard work and social security payments throughout their lives.

In daily life, it is very common to earn 5,000 yuan a month, but what about after retirement?

How many people can receive 5,000 yuan in pension?

In fact, the difference in retirement pensions is not very big.

In daily life, we can see that many people only receive the minimum wage, but some people have an annual salary of more than one million.

However, when we participate in social security, there are restrictions on the payment of pension insurance. The payment base must be within the upper and lower limits. This on the one hand ensures the income of the social security fund and reduces the collection cost; on the other hand, it also reduces everyone’s pension insurance.

Disparity in salary and benefits.

Generally speaking, the upper limit of the payment base is 300% of the social equity base. No matter how high your income is, you can only pay pension insurance according to the upper limit of the payment base and then calculate the pension.

The lower limit of the payment base is 60% of the social equity base.

According to the pension calculation formula, pension benefits mainly include basic pension and personal account pension.

The basic pension part is based on 300% base payment for 12 months, which is 2% of the average social salary in the previous year of retirement.

The basic pension formed by paying 60% of the base contribution for 12 months is 0.8% of the social average wage.

The pension ratio is 2.5:1.

Therefore, it can be said that the pension calculation formula also has the function of narrowing the gap in social income distribution.

However, personal account pension reflects the feature of paying more and getting more.

In the same month, the personal account pension formed by 300% base payment must be 5 times of 60% base.

Generally speaking, if we pay according to the highest base for 30 to 40 years, the pension can easily exceed 5,000 yuan; if we pay according to the lowest base for 15 years, the pension is often only about 1,000 yuan. In some places such as Beijing and Shenzhen, it may be only about 1,000 yuan.

Reaching 1,500 yuan to 2,000 yuan.

What is the national average pension level?

We can calculate it based on the average of the pension insurance fund expenditures and the number of pension recipients published in the Ministry of Human Resources and Social Security's statistical bulletin on career development every year.

In 2011, the number of people receiving pensions in my country was 68.26 million, the pension insurance fund expenditure was 1.2764 billion yuan, and the per capita monthly pension insurance fund benefit was 1,558 yuan.

By 2020, the number of pensioners has increased to 127.62 million, and the total expenditure of pension insurance funds has increased to 5,130.1 billion yuan. The average monthly pension insurance fund per person is about 3,350 yuan.

In other words, a monthly pension of 5,000 yuan is at least half higher than the monthly pension insurance fund benefit per person.

In fact, the monthly pension insurance fund benefits per person include various subsidies and subsidies issued by the coordinating area, benefits for the surviving family members after the death of the insured person, funeral subsidies, one-time pension, inherited personal account balances, etc.

Pension insurance fund expenditures are still quite large.

The average pension level is about 3,000 yuan, which is normal in real terms, but the pension needs to reach 5,000 yuan, which is higher than at least 70% to 80% of retirees.

Based on the calculation of more than 75% of retirees, only 31.9 million people have a monthly pension exceeding 5,000 yuan.

In addition, we should not forget that there are a large number of urban and rural residents receiving pension insurance benefits in our country.

Most of these people are elderly people over 60 years old, and the number of people receiving relevant benefits in 2020 has reached 160.68 million.

Taken together, the monthly pension reaches 5,000 yuan, which is more than at least 88% of the elderly.