Job Recruitment Website - Social security inquiry - How much pension can I get after 25 years of social security payment?
How much pension can I get after 25 years of social security payment?
1. After paying social security for 25 years, the basic pension you can get every month is 25% of the average social salary of the previous year. As for how much you can get each month, it depends on the local average wage standard and payment level in the previous year;
2. Individuals who participate in the basic old-age insurance will receive the basic pension on a monthly basis if they have paid for fifteen years at the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis.
The pension is calculated as follows:
1, basic pension = (last year's average monthly salary of employees in the whole province+my indexed monthly average payment salary) /2 times my payment period multiplied by1%;
2. Personal account pension = the amount of personal account storage at retirement/the number of months corresponding to my retirement age. If there is an one-child certificate, the total pension will increase by 5%. 65438+1September 30, 998 or before, there is also a transitional pension. Three factors affecting the amount of pension:
(1) At the time of retirement, the provincial flat salary of the previous year (the provincial flat salary is increasing every year, and the pension is increasing year by year. Therefore, the later the retirement time, the more pensions);
(2) My payment period (including actual payment period and deemed payment period). The longer the payment period, the more pensions);
(3) the amount of personal account (the more contributions, the more pensions).
Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC).
Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.
Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.
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