Seniority salary (including seniority): 30 yuan per year, increasing with seniority.

The implementation of seniority wages is not only a matter of taking care of older workers, but more importantly, it encourages lifelong employment as workers, which is conducive to the construction and stability of the workforce.

The post-retirement pension of public institution employees mainly consists of three parts, namely basic pension, transitional pension, and personal account pension. The calculation methods of these three pensions are as follows: 1) Basic pension: also known as

It is a social pension. The level of the basic pension for retired employees mainly depends on important indicators such as the average individual contribution index before retirement and the number of years of payment.

The specific calculation formula is as follows: basic pension = (average social salary of employees in the province in the year before retirement + average indexed monthly contribution salary of insured persons) ÷ 2 × payment years × 1%2) Personal account pension: also a pension

As part of the payment, the balance in the social security personal account will be distributed evenly on a monthly basis based on the number of months in which payment is calculated.

The specific calculation formula is as follows: Personal account pension = personal account savings amount ÷ number of payment months 3) Transitional pension: It is mainly for employees who worked before the establishment of personal accounts under the social security coordination system and retired after that.

A type of pension with a "compensatory" nature.

Since many people do not have personal accounts where they work and their labor contributions cannot be fully reflected, the state will provide "compensation" according to different circumstances.

The specific calculation formula is as follows: Transitional pension = the average social salary of employees in the province in the year before retirement × indexed deemed payment index × deemed payment period × 1.4% "Social Insurance Law of the People's Republic of China" 10th

A basic pension insurance combines social pooling with personal accounts.

The basic pension insurance fund is composed of employer and individual contributions as well as government subsidies.

Article 12 The employer shall pay basic pension insurance premiums in proportion to the total wages of its employees stipulated by the state and record them into the basic pension insurance overall fund.

Employees should pay basic pension insurance premiums in accordance with the proportion of their wages stipulated by the state and record them into their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in basic pension insurance in the employer, and other flexible employment personnel who participate in basic pension insurance shall pay basic pension insurance premiums in accordance with national regulations and record them separately in the basic pension insurance pooling fund

and personal accounts.

Article 13 Before employees of state-owned enterprises and public institutions participate in basic pension insurance, the basic pension insurance premiums that should be paid during the deemed payment period shall be borne by the government.

When there is insufficient payment from the basic pension insurance fund, the government will provide subsidies.