How to calculate the five-year transition year of Shanghai social security

In 2006, the calculation method of pension was reformed. In order to connect the old and new methods smoothly, a transition period has been set up, and some provinces have set the transition period as three years, such as Shanghai. Some provinces set a period of four years, such as Hebei; Some provinces have five years, such as Jiangsu.

During the transition period, the pension will be calculated and paid according to the new and old methods respectively. If the old method is higher than the new method, it will be paid according to the amount calculated by the old method. If the new method is higher than the old method, the difference will be paid according to the year discount and the amount of the old method. The discount method of the difference is as follows: the transition period is five years, and 2006 10%, 2007-30%, 2008-50%, 2009-70%, 20 10-90% and 201year are calculated according to the new method.

The above years are social security years, not Gregorian calendar years.

The above is the "What is the five-year transition period of social security?" The answer.

The mentioned 900 Yuan You has been reduced to more than 700 yuan, so it is possible to retire in 2006 or 2007, but not so much in 2009 or this year. You have provided too little data to judge.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.