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What is the difference between the length of service in Tianjin and the retirement pension of that year?

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When you retire, your length of service is one year less. How much can the pension be reduced?

# Labor Security 2022-10-03 08: 00: 311338 reading

Introduction: The purpose of labor security system is to protect the legitimate rights and interests of workers, which is different from other legal systems to adjust labor relations.

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Q: What is the difference between the length of service and the pension at retirement?

A

1. How much difference a year's seniority can make in retirement depends on the specific situation, because everyone's specific situation is different.

The length of service is also closely related to our social insurance. One year's service is 12 months of social insurance. Without one year's service, the balance of personal account in social insurance will be less. In addition, the payment time and payment index will be correspondingly reduced by 12 months. Then the pension that can be received after retirement will be reduced accordingly. If you retire with 30 years of service and your pension is 3,000 yuan per month, then your annual service is 100 yuan, but if you retire with 29 years of service, your monthly pension will be less 100 yuan.

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What is the difference between 40-year retirement and 30-year retirement?

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The monthly pension at retirement consists of three parts. Retirement pension = basic pension+individual pension+transitional pension (calculated length of service, insured before 1996)

1, basic pension

Basic pension = average salary of the whole province last year * payment index (minimum pension base 0.7- maximum pension base 2) * payment period (minimum 15 years, maximum 40 years) * 1.

Simplified formula (if the pension is paid according to 15) (minimum base)

Basic pension = the average salary of the whole province last year * 0.7 (minimum base) * 15 (minimum payment period 15).

2. Individual pension = individual pension account (male 139, female 174)

3. Transitional pension (salary paid by social wage index) ÷2×96 years ago × 1.3.

What is the difference between 30-year retirement and 50-year retirement?

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The monthly pension at retirement consists of three parts. Retirement pension = basic pension+individual pension+transitional pension (calculated length of service, insured before 1996)

1, basic pension

Basic pension = average salary of the whole province last year * payment index (minimum pension base 0.7- maximum pension base 2) * payment period (minimum 15 years, maximum 40 years) * 1.

Simplified formula (if the pension is paid according to 15) (minimum base)

Basic pension = the average salary of the whole province last year * 0.7 (minimum base) * 15 (minimum payment period 15).

2. Individual pension = individual pension account (male 139, female 174)

3. Transitional pension (salary paid by social wage index) ÷2×96 years ago × 1.3.

What is the difference between 40-year retirement and 30-year retirement pension?

Laotu law consulting lawyer

/kloc-chief lawyer for 0/0 years.

Consult me

The monthly pension at retirement consists of three parts. Retirement pension = basic pension+individual pension+transitional pension (calculated length of service, insured before 1996)

1, basic pension

Basic pension = average salary of the whole province last year * payment index (minimum pension base 0.7- maximum pension base 2) * payment period (minimum 15 years, maximum 40 years) * 1.

Simplified formula (if the pension is paid according to 15) (minimum base)

Basic pension = the average salary of the whole province last year * 0.7 (minimum base) * 15 (minimum payment period 15).

2. Individual pension = individual pension account (male 139, female 174)

3. Transitional pension (salary paid by social wage index) ÷2×96 years ago × 1.3.

What is the difference between 40-year retirement and 30-year retirement pension?

Laotu law consulting lawyer

/kloc-chief lawyer for 0/0 years.

Consult me

The monthly pension at retirement consists of three parts. Retirement pension = basic pension+individual pension+transitional pension (calculated length of service, insured before 1996)

1, basic pension

Basic pension = average salary of the whole province last year * payment index (minimum pension base 0.7- maximum pension base 2) * payment period (minimum 15 years, maximum 40 years) * 1.

Simplified formula (if the pension is paid according to 15) (minimum base)

Basic pension = the average salary of the whole province last year * 0.7 (minimum base) * 15 (minimum payment period 15).

2. Individual pension = individual pension account (male 139, female 174)

3. Transitional pension (salary paid by social wage index) ÷2×96 years ago × 1.3.

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When you retire, your length of service is one year less. How much can the pension be reduced?

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