Calculation Formula of Social Security Payment in Jilin Province in 2022

Calculation method of pension collection: basic pension+personal account pension;

Basic pension = (when the insured retires, the average monthly salary of local employees in the previous year+the average monthly payment salary of the insured) ÷2× payment period ×1%;

The individual accounts of retirees in Jilin Province in 2022 will be allocated by the overall fund on a fixed monthly basis, and the allocation amount will be gradually adjusted to about 2% of the average basic pension level in the overall planning area in that year; Then, the employee's medical insurance personal account is also included by 2%, and all the medical insurance premiums paid by the unit are included in the overall fund and will not be injected into the employee's personal account.