2065438+2007 Suzhou female workers retired at the age of 50, with 34 years of service. The individual paid 70 thousand. How to calculate the pension?

According to the Regulations of Jiangsu Provincial People's Government on Basic Old-age Insurance for Enterprise Employees, the basic pension for enterprise employees in Jiangsu Province = basic pension+personal account pension+transitional pension (limited to1995 65438+before February 3 1):

1, basic pension? =? At the time of retirement, the average monthly salary of local employees in the previous year+my indexed monthly average payment salary) /2 × payment years ×1%;

2. Personal account pension? =? Personal account balance/calculation months;

3. Transitional pension. The insured who took part in the work before the implementation of Guofa [1997] No.26 document and retired after the implementation of Guofa [2005] No.38 document belongs to "middle people". Due to the accumulation of personal accounts in the past, if the accumulated payment period is 15 years, a transitional pension will be given on the basis of basic pension and personal account pension after retirement.

The transitional pension is calculated according to the payment salary and payment period of the insured before the end of 1995, and then divided by 120, and paid monthly.

Jiangsu Provincial People's Government

Provisions of Jiangsu Province on Basic Endowment Insurance for Enterprise Employees

Nineteenth insured persons who meet the conditions stipulated in Article 18 of these Provisions shall be paid the basic pension on a monthly basis by social insurance agencies and other institutions from the second month of the retirement time approved by the administrative department of labor security. The basic pension consists of basic pension and personal account pension: (1) The basic pension is paid to 1% every 1 year based on the average monthly salary of employees in the whole province in the previous year when I retire and the average monthly salary of my indexed contribution (if the number of payment months is insufficient1year, it will be converted into a year); (two) the personal account pension is determined by dividing the accumulated amount of my personal account by the number of months. The standard for calculating the number of months shall be implemented in accordance with state regulations.

Article 21? After the implementation of these provisions 1995 12 3 1 before the insured who participated in the basic old-age insurance and retired, on the basis of basic pension and personal account pension, transitional pension will be given again. The transitional pension is calculated according to the payment salary and payment period of the insured before the end of 1995, and then divided by 120 and paid monthly.