After paying 15 endowment insurance, it will be about 1200 every month. Is it worth paying?

Pension insurance payment 15 years, the pension can reach 1200 yuan, which is already very high, and many people only get around 800 yuan.

Hello, everyone, I am a social security expert. I have paid the old-age insurance 15 years, and my pension is 1200 yuan every month. Is it worth paying?

It's still worth paying.

As we all know, the minimum payment period of endowment insurance is 15 years, which means 15 years is the minimum condition.

After many calculations, many people only pay 15 years, so it is difficult for their pensions to exceed 1000 yuan. If the local average wage and payment level are average, they can only get around 800 yuan or 900 yuan.

Why? Because 15 years is only the lowest, it is difficult to make a big breakthrough in this payment period, and the pension is also the lowest.

If you pay 15 years, you can get 1200 yuan, which means that the average salary of local society and individual contributions are relatively high.

For example, suppose the local average wage is 5000 yuan and the individual contribution level is 100%. How much can the pension of 15 reach?

The basic pension is equal to (5000+5000×100%) ÷ 2×15×1%= 750 yuan.

Personal account pension = (5000× 8 %×12×15) ÷139 = 518 yuan.

8% refers to the proportion of individual contributions to the old-age insurance, and 139 refers to 139 months, which corresponds to the number of months when the personal account pension retires at the age of 60.

The basic pension plus personal account pension is equal to 1268 yuan, which is about 1200 yuan.

Although 15 years 1200 yuan's pension is relatively high, it is still worth paying.

But overall, 1.200 yuan's pension is still at a low level, less than half of the current national per capita pension.

As the saying goes, as you sow, you reap. If you want to receive more pensions, you still need to increase the payment period and level.