How much does it cost to pay 1000 social security retirement every month?

If you pay 1 0,000 yuan a month and 15 years, the total personal account is 1 0,000 yuan multiplied by 15 years in February, which is equal to180,000 yuan. Endowment insurance for urban and rural residents, regardless of gender, the retirement age is 60 years old. So the number of months of retirement is 139 months. Then this 180000 yuan/139 is equal to 1294.9 yuan. Personal account pension can receive a monthly pension of about 1294.9 yuan.

The basic pension is equal to (the average monthly salary of employees in the whole province in the previous year+the average monthly payment salary indexed by myself) divided by 2 times the payment period multiplied by 1% = the average monthly salary of employees in the whole province in the previous year (1 plus my average payment index) divided by 2 times the payment period multiplied by 1%.

In the formula: my indexed monthly average payment salary is equal to the average monthly salary of employees in the whole province in the previous year multiplied by my average payment index.

As can be seen from the above formula, under the same payment period, the level of basic pension depends on the average payment index of an individual, that is, the historical average of the ratio of his actual payment base to the average social wage. The lower limit is 0.6 and the upper limit is 3.

Legal basis: Article 15 of the Social Insurance Law of People's Republic of China (PRC).

The 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.