Calculation method of pension in Ningbo

Enterprise retirement pension is mainly composed of basic pension, personal account pension, transitional pension and transitional adjustment fund. According to the query rule, display the network.

1, the monthly standard of basic pension is based on the average monthly salary of local employees in the previous year and my indexed monthly salary, and the payment is paid to 1% every1year. The calculation formula is: the basic pension is equal to the average monthly salary of local employees in the previous year plus my indexed monthly average payment salary divided by 2 times the payment period multiplied by 1%.

2. The monthly standard of personal account pension is the amount of personal account storage divided by the number of months. The calculation formula is: personal account pension is equal to the accumulated amount of personal account when the insured retires divided by the calculation months.

3. The monthly standard of transitional pension is based on my indexed monthly average payment salary, and the payment period before "unified account integration" is paid to 1 year .2%. The calculation formula is: the transitional pension is equal to my indexed monthly average payment salary multiplied by the payment period before the unified account is combined and multiplied by 1.2%.