How much pension can I get after immigrating to the United States?

The American pension insurance system is divided into three levels.

The first level is the social security endowment insurance system. In this part, there is no difference between civil servants and non-civil servants, and their funds come from social security tax. Social security tax is mandatory, and it is co-ordinated throughout the country, with employers and employees paying 50% respectively.

The second level is the employer's pension plan, including the public and private sectors.

The third level is the personal savings pension plan, that is, the pension account is set up on a voluntary basis, and the federal government provides tax incentives.

There are two main modes of employer pension plan in the United States:

One is to pay a definite plan. That is, both employers and employees pay a certain percentage of fees to form a pension account. The final pension is determined by the payment time, amount and investment income, such as the well-known 40 1(k) plan.

The other is to make a treatment plan. This kind of pension is generally only paid by the employer, and employees enjoy the same treatment when they retire. Civil servants in the United States generally adopted this plan in the late 20th century, and only a few local governments only provided explicit payment plans.

Among the employer pension plans, the public sector pension plan is a civil servant pension plan formulated by the federal, state and local governments in the United States, which is divided into civil servant pension plan and federal employee pension plan. The former is formulated for civil servants who joined the work before 1983, while the latter is formulated for civil servants who joined the work after 1984.

According to the data of the Bureau of Labor Statistics, the pension income of federal civil servants is obviously ahead of that of ordinary workers.

From 65438 to 0995, the average monthly pension of American federal government civil servants was $65438+$0369, and that of ordinary workers was $720. In 2008, the average monthly pension of civil servants in the United States federal government rose to $2,550, and that of ordinary workers rose to $65,438 +0 153, the former being 2.2 1 times that of the latter.