Changchun retirement salary calculation formula

Calculation of Changchun retirement pay is pension = basic pension Personal account pension; personal account pension = personal account storage amount ÷ number of months of payment (the number of months of payment is determined according to the retirement age and the average life expectancy of the population at that time. The new pension insurance system in accordance with the insured person to participate in the work of different time, the basic pension calculation method is divided into three types:

1, after January 1, 1996 to participate in the work of the personnel (called "new"), the basic pension consists of two parts, one is the basic pension, the monthly standard for the employee retirement time The province's average monthly salary of the previous year's employees 20%; the second is the individual account pension, the monthly standard for the retirement of the individual account all the reserves divided by 120.

2, before December 31, 1995 to participate in the work, and then retired after the (called "in the"), the basic pension by the basic pension, Individual account pensions, transitional pensions and various subsidies to regulate the four components. The transitional pension is calculated by taking the average indexed monthly contribution salary of the person before retirement as the base, multiplying it by the transitional pension calculation ratio (1.4%), and then multiplying it by the number of years of contribution (including the number of years of deemed contribution) before the end of 1995.

3. For those who retired before the end of 1995 (called "old people"), the pension will remain unchanged according to the original method.

I. Conditions for retirement:

1. Men who have reached the age of 60 and women who have reached the age of 50, with 10 years of continuous service;

2. Those who are engaged in underground, high altitude, high temperature, particularly heavy physical labor or other work harmful to health, with men who have reached the age of 55 and women who have reached the age of 45, with 10 years of continuous service. This provision also applies to the working conditions and workers with the same grass-roots cadres;

3, men reaching the age of 50, women reaching the age of 45, with 10 years of continuous service;

Two, the procedures for retirement:

1, the declarant is ready to ID card, household registration, photographs and declaration of the relevant materials of the retirement;

2, the applicant to the unit, declare, the Enterprises exist to enterprises, the unemployed to the jurisdiction of the Employment Bureau to declare;

3, enterprises, the Employment Bureau to the local human resources and social services departments to declare;

4, qualified, the file is transferred to the local social security bureau, the social security bureau is responsible for the approval of the treatment;

Legal basis:

"The Chinese People's **** and the State Social Insurance Law" Article 58 Employers shall, within thirty days from the date of employment An employer shall, within thirty days from the date of employment, apply for social insurance registration with a social insurance agency for its employees. If the employer fails to register for social insurance, the social insurance administration organization shall approve the social insurance premiums to be paid by the employer. Individual industrial and commercial households without employees who voluntarily participate in social insurance, part-time employees who do not participate in social insurance with their employers, and other flexibly employed persons shall apply for social insurance registration with the social insurance administration organization. The State establishes a nationally unified individual social security number. Individual social security numbers are citizens' identity numbers.