Basic pension = the average monthly salary of local employees in the previous year when I retire ×20%, 2. Personal account pension = deposit in my account120.
When the cumulative payment period is 15 years, if you retire at the age of 65, you can still receive a pension of about 20 years (provided that you live to 85 years old). Based on this calculation, the length of time you can receive a pension is 20× 12 months =240 months.
Suppose that after 2007, someone's average annual salary is 50,000 yuan, and that person's annual salary is 4,000 yuan, 15 years and 60,000 yuan.
Personal account pension = personal account storage amount ÷ calculation months (50 years old 195 months, 55 years old 170 months, 60 years old 139 months, 60 years old or older 120 months), so-and-so retires at the age of 60, and Na Yue receives 6000.
That is, when someone retires in 2022, he can receive a monthly pension: 2037+462=2499 yuan.
Extended data
Characteristics of social security
Features 1: the objective basis of social insurance is the risks existing in the labor field, and the object of insurance is the workers themselves;
Feature 2: The subject of social insurance is specific. Including workers (including their relatives) and employers;
Feature 3: Social insurance is compulsory;
Feature 4: the purpose of social insurance is to maintain the reproduction of labor force;
Feature 5: The insurance fund comes from the contributions and financial support of employers and workers. Insurance coverage is limited to employees, excluding other social members. The insurance coverage is limited to all kinds of risks in labor risks, excluding other risks such as property and economy.
Baidu Encyclopedia: Social Security