Calculation of Social Security Pension in Shaanxi Province

Calculation formula of Xi 'an retirement salary in 2022

The composition of pension varies with the time of first insurance.

In Shaanxi, the pension for employees of the first-time insured enterprise is 1996 65438+ 10/day and later, and its pension consists of basic pension and personal account pension.

However, if the insured employee's pension insurance time is before 1996 1, the pension consists of three parts: basic pension, personal account pension and transitional pension.

The calculation formula of pension in Shaanxi Province is as follows:

1, basic pension = pension calculation base of Shaanxi Province in the year of retirement × (my actual average payment index after 0996 1+0) ÷2× accumulated payment years × 1%.

2, personal account pension = personal account storage amount ÷ months.

3. Transitional pension = pension calculation base of Shaanxi Province in the year of retirement × average payment index of myself ×1payment period before the end of 995 × 1.4%.

Finally, we should know where the parameters of the pension formula come from and how to calculate them.

Here is a detailed introduction to the pension calculation formula of Shaanxi Province.

1, basic pension

Calculation formula: the calculation base of pension in Shaanxi Province in the previous year in the year of retirement ×( 1+0996 1 post-personal average payment index) ÷2× accumulated payment years × 1%.

Published annually by Shaanxi Province. For example, in 2020, the pension base in Shaanxi Province is 6594 yuan.

Specifically, the payment index is calculated according to the payment of enterprise employee pension insurance corresponding to my actual payment base over the years.

For example, your payment base in 2020 is 6500 yuan, and the salary of endowment insurance in Shaanxi Province in 2020 is 5583 yuan, so your payment index in 2020 is 6500÷5583= 1. 1642.

Forget the annual meeting. Calculate the payment index of all payment years, divided by the payment years, which is my average payment index. Cumulative payment period

Is the cumulative number of years of actual payment of endowment insurance, if there is a deemed payment period, you can add it.

The deemed payment period in Shaanxi Province refers to the working years recognized by the state before 1, 993, 1, before which the employee pension insurance was not actually paid.

In normal calculation, it is calculated monthly. Divide the accumulated payment months by 65438+February to get the accumulated payment years, including the unpaid months.

For example, if you work in 1988 1 month and start to pay employee pension insurance in 1993 1 month, it will be ***403 months when you retire, so your total payment period is 403 ÷12 = 33.

2. Personal account pension

Calculation formula: the amount stored in personal account ÷ the number of months of issuance.

There are two parameters involved in the formula, namely, the amount of personal account storage and the number of months of calculation.

Personal account deposit

That is, the money you pay and transfer to your personal pension account every year, plus the annual interest. This money can be inquired by the local social security network or 12333APP and the social security agency on the spot.

legal ground

Measures for the implementation of individual pension

Article 8 The maximum amount of personal pension paid by the insured person every year is10.2 million yuan, and the insured person's annual contribution shall not exceed the maximum amount. Ministry of Human Resources and Social Security and the Ministry of Finance timely adjust the upper limit of payment amount according to the level of economic and social development and the development of multi-level endowment insurance system.

Ninth insured persons can pay monthly, by stages or annually, and the amount of payment is accumulated according to the natural year and recalculated in the following year.

Article 10 Participants independently decide the investment plan of individual pension fund accounts, including the investment varieties and investment amount of individual pension products.