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How to calculate the retirement salary of recruiters in public institutions?
Basic formula: basic pension = average monthly salary of employees in the whole city one year before retirement ×20%+ personal account principal and interest and ÷ 120+ adjustment coefficient. The actual calculation formula will vary from place to place and be influenced by local policies.
1. The retirement fee for civil servants after retirement shall be calculated and paid according to a certain proportion of the sum of post salary and grade salary before retirement. Among them, if you have worked for 35 years, pay 90%; 85% if the working experience is over 30 years and less than 35 years; If the working experience is over 20 years and less than 30 years, it will be counted as 80%.
2. The retirement fee for staff of public institutions after retirement shall be calculated according to a certain proportion of the sum of post salary and salary scale salary before retirement. Among them, if the working experience is over 35 years, it shall be calculated as 90%; 85% if the working experience is over 30 years and less than 35 years; If the working experience is over 20 years and less than 30 years, it will be counted as 80%.
3. Retirement expenses for skilled workers and ordinary workers in institutions and institutions after retirement shall be calculated according to a certain proportion of the sum of post salary and technical grade salary before retirement and post salary. Among them, if the working experience is over 35 years, it shall be calculated as 90%; 85% if the working experience is over 30 years and less than 35 years; If the working experience is over 20 years and less than 30 years, it will be counted as 80%.
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