/kloc-how much can a foreigner get in Zhongshan after 0/5 years?

The so-called pension calculation is essentially the calculation of pension benefits, and the calculation formula of pension benefits is:

1, pension = basic pension+personal account pension.

2, personal account pension = personal account storage amount ÷ months (the number of months is determined according to the retirement age and the average life expectancy of the population at that time. The counting month is slightly equal to (average life expectancy-retirement age) X 12, and at present it is 195 for 50 years old, 170 for 55 years old and 139 for 60 years old, which is no longer unified).

3. Basic pension = (average monthly salary of employees in Guangdong Province last year+average monthly payment index salary) ÷2× payment period × 1%= average monthly salary of employees in Guangdong Province last year (1+ average monthly payment index) ÷2× payment period × 1%.

Foreigners can go through retirement formalities in Zhongshan as long as they pay at least 15 of the old-age insurance and pay the old-age insurance before retirement.

Foreigners who pay endowment insurance in Zhongshan can go through retirement procedures in Zhongshan. When going through retirement formalities, you only need to meet certain conditions and regulations:

First, I have been paying Zhongshan old-age insurance before retirement. If you have been working in Zhongshan at the beginning, and have paid pension insurance 15 years continuously, and continue to participate in insurance after retirement, you can apply for pension retirement in Zhongshan at this time and receive Zhongshan pension.

Second, pension insurance is paid in different regions and the payment period of pension insurance reaches 15 years, but only Zhongshan City has paid pension insurance for more than 10 years and paid pension insurance in Zhongshan before retirement. In this case, although the endowment insurance is paid in different places, the payment period is less than 10 year. Because the pension insurance period is cumulative, those who paid the pension insurance in Zhongshan before retirement can go through the retirement formalities in Zhongshan after retirement.

Third, different cities have endowment insurance for more than 18 years, but in the end it happened to be 10 years in Zhongshan. In this case, as long as you have been in Zhongshan 10 for more than 0 years and continue to pay pension insurance in Zhongshan before retirement, you can also go through retirement procedures.

Pension individual account receiving conditions:

1, payer dies.

2. It has reached retirement age.

3. Pay my immigration expenses.

4. When reaching the statutory retirement age, the accumulated payment has reached fifteen years.

Legal basis:

People's Republic of China (PRC) social insurance law

Fifteenth basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have accumulated contributions for fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.