How to calculate the payment grade of endowment insurance

The payment grades of social endowment insurance are mainly divided into four grades, namely, the lowest grade, the first grade, the second grade and the third grade. The insured can choose their own grades. As long as they have paid for 15 years and reached the legal retirement age, they can receive a monthly pension. Payment grade, five pension insurance standards, 60% grade is 5932.8 yuan per year, 80% grade is 79 10.4 yuan, 100% grade is 9888. 12 yuan,1kloc-0/0% grade per year. The monthly payment standard of social insurance is the lowest grade (40%), the first grade (60%), the second grade (80%) and the third grade (100%). Among them, the minimum payment amount is 548.57 yuan: the monthly payment amount of the first installment (60%) is 692.37 yuan; The second installment (80%) monthly payment is 835.97 yuan; The third installment (100%) monthly payment is 979.77 yuan.

Legal basis:

People's Republic of China (PRC) social insurance law

Tenth employees should participate in the basic old-age insurance, the basic old-age insurance premiums paid by the employer and employees. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

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.

Derivative problem:

How to handle the endowment insurance?

The employee's original unit has established a personal pension account, and if the unit needs to transfer the personal account, it shall be handled according to the following procedures: 1. The insured person shall issue the "Basic Endowment Insurance Payment Certificate" to the social security institution of the original insured place; 2. The insured holds the payment voucher, household registration book, ID card, etc. Until the social security agency of the new place of employment handles the continuation relationship; 3, the new employment social security institutions to review whether the applicant meets the conditions; 4. After receiving the contact letter, the social security agency of the original insured place will clear up whether the applicant's insurance payment is in arrears and handle the transfer of the old-age insurance fund, terminate the applicant's local insurance relationship, and issue the basic old-age insurance relationship transfer and connection information form to the new insured place; 5. The social security institution of the newly insured place shall complete the relevant procedures within 15 working days after receiving the information form and the transfer fund.