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How to calculate the calculation method of self-insurance pension

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. Calculated months are slightly equal to (average life expectancy-retirement age) X 12. At present, 50 years old is 195, 55 years old is 170, and 60 years old is 139.

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

4. In the formula: my indexed monthly average payment salary = the average monthly salary of employees in the whole province in the previous year × my average payment index.