If a person pays 15 years in Shijiazhuang and reaches retirement age, he can get a pension of up to 60%. The specific pension amount depends on the individual's contribution base and the average salary level of the individual. Generally speaking, the calculation formula of pension is: the individual payment base times the payment period times the pension ratio. Therefore, it is necessary to know the individual's specific payment base and average wage level to calculate.
The amount of pension salary mainly depends on basic pension and personal account pension. The calculation formula of basic pension is (the average monthly salary of employees in the previous year before retirement in the area where retirees are located+the average monthly indexed payment salary of retirees) divided by 2 times the payment period multiplied by 1%, and personal account pension = the amount of pension stored in personal account divided by the number of months; The calculation formula of the basic pension is the old-age subsidy standard in the insured area+payment 1 standard subsidy for each increase after 5 years. The calculation formula of personal account pension is the sum of personal subsidy+government subsidy+collective subsidy+social and personal subsidy+interest generated by the above amount, and then divided by the calculation coefficient.
To sum up, the amount of pension is related to the payment period, payment level, average salary at retirement and retirement age.
Legal basis:
People's Republic of China (PRC) Social Insurance Law;
Article 11
The basic old-age insurance combines social pooling with individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.