Migrant wages

Or retirees who are quasi-immigrating abroad to get a green card, the domestic basic pension will be paid as usual.

According to the Regulations of Overseas Chinese Affairs Office of the State Council and Insurance and Welfare Bureau of the Ministry of Labor and Personnel on Retirement Treatment after Joining Foreign Nationality ([85] Overseas Chinese Affairs WordNo.10/No.). 1 19), retirees who have been allowed to settle abroad can still enjoy the basic old-age insurance benefits in China after joining a foreign nationality.

Retirement means that according to the relevant provisions of the state, workers quit their jobs because of old age, work-related disability or illness, and completely lose their ability to work (or partially lose their ability to work). From 20 1 1 10, China will levy personal income tax on the one-time subsidy income obtained by individual early retirement.

Relevant government departments continue to release the policy intention of extending the retirement age. According to opinion polls, more than half of the respondents are opposed to extending the retirement age, and most people advocate retirement at the prescribed age.

Extended data:

Pension algorithm:

According to the latest post-retirement pension calculation, employees' retirement pension consists of two parts: pension = basic pension+personal account pension, in which personal account pension = personal account savings ÷ months (the number of months is determined according to retirement age and the average life expectancy of the population at that time.

Calculated months are slightly equal to (average life expectancy-retirement age) X 12. 50 years old is 195, 55 years old is 170, and 60 years old is 120. ) basic pension = (the average monthly salary of employees in the whole province last year+the average monthly payment salary of myself) ÷2× payment period × 1%.

In which: my indexed monthly average payment salary = last year's average monthly salary of employees in the whole province × my average payment index. As can be seen from the above formula, under the same payment period, the level of basic pension depends on the average payment index of an individual, that is, the historical average of the ratio of his actual payment base to the average social wage.

The lower limit is 0.6 and the upper limit is 3. Therefore, in the two kinds of calculation of pension, no matter what the situation, the higher the payment base and the longer the payment period, the higher the pension.

Baidu encyclopedia-retirement

Baidu encyclopedia-immigrants