Jiao 15 Social Security Minimum Retirement Wage Guangzhou

Male 60 years old, minimum 1475 yuan. Female 50 years old, minimum 1339 yuan.

I. Endowment insurance for urban workers in Guangzhou

The minimum payment base of employee pension insurance in Guangzhou is 4588 yuan, and the maximum payment base is 2294 1 yuan; The average wage of employees in the province is 7647 yuan; The average wage of employees in urban non-private units in Guangzhou is 1 1262 yuan, and the pension base in Guangdong Province is 8332 yuan.

Individuals pay according to the lowest grade, and employees pay a monthly pension of 4588*8%=367.04 yuan; The monthly endowment insurance payment for flexible employees is 4588*20%=9 17.6 yuan.

Individual contribution 15, male 60-year-old pension trial calculation:

Basic pension: (8332+8332* payment index 0.6)÷2* payment period 15* 1%=999.8 yuan.

Personal account pension: 4588*8%* 12* payment period 15/ calculated months 139=475 yuan.

Guangzhou employees pay according to the lowest grade, and the pension at the age of 60 is 999.8+475= 1475 yuan.

If a female employee retires at the age of 50, the number of months calculated above is 139 months, which can be replaced by 195 months. If the female employee retires at the age of 50 after paying 15 years, it will be 999.8+4588 * 8% * 12 * years of payment 15/.

Two. Endowment insurance for urban and rural residents in Guangzhou

The basic pension for urban and rural residents in Guangzhou is 237 yuan, and the old-age insurance for residents has seven payment grades: the annual payment is 360, 600, 900, 1200, 1800, 3600 and 4800 yuan respectively.

Individuals who pay fees year by year can enjoy collective subsidies and subsidies. This kind of double subsidy is quite distinctive in the whole country. Look at the subsidy standard:

Subsidies for payment of endowment insurance for urban and rural residents in Guangzhou

Individuals pay 360 yuan, 15, 60-year-old pension according to the minimum year:

Basic pension: 237 yuan

Personal account pension: (360+420+360+300)* 15÷ calculated months 139= 155.4.

The 60-year pension for urban and rural residents in Guangzhou is 237+ 155.4 yuan =392 yuan.

The pressure on urban and rural residents to pay endowment insurance is very small. According to the highest grade, they can pay 4,800 yuan per year, and individuals only need to pay 72,000 yuan per kloc-0/5, but they enjoy higher subsidies. Pay 15 pension: basic pension 237+ personal account pension (4800+960+4800+480).

Legal basis:

Social insurance law

Fifteenth basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.

Sixteenth individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.

Seventeenth individuals who participate in the basic old-age insurance, due to illness or non-work-related death, their survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.

Article 18 The state establishes a normal adjustment mechanism for basic pensions. According to the average wage increase and price increase of employees, the basic old-age insurance treatment level will be improved in a timely manner.