How much is Beijing Social Security 15 monthly pension?

How much is Beijing Social Security 15 monthly pension?

After social security has been paid 15 years, the monthly pension amount is affected by many factors, including individual contribution base, payment period, local average salary, etc. Therefore, it is impossible to give an exact figure.

However, we can refer to some calculation formulas and regulations to roughly estimate the scope of pensions. Generally speaking, pension consists of basic pension and personal account pension. The calculation formula of basic pension is: basic pension = (average monthly salary of local employees in the previous year when the insured retires+average monthly payment salary of the insured) ÷2× payment period × 1%. The calculation formula of personal account pension is: personal account pension = personal account storage amount ÷ calculation months.

It should be noted that these formulas only roughly estimate the scope of pension, and the specific amount needs to be determined according to personal circumstances and local policies.

Description of related factors:

1. Individual payment period: The longer the general payment period, the higher the pension. 15 is the minimum payment period, but continuing to pay can increase the pension.

2. Payment base: the level of individual payment base directly affects the calculation and payment of pension. A high contribution base usually means a higher pension.

3. Personal account accumulation: individual contributions will enter personal accounts, and the accumulation of this part of funds will also affect the amount of pensions.

4. Average social wage: the calculation of pension is usually linked to the average local social wage, and the increase of average social wage usually leads to the increase of pension.

To sum up: after the social security payment reaches 15 years, the monthly pension amount is affected by many factors, and an exact figure cannot be given. However, the scope of pension can be roughly estimated according to some calculation formulas and regulations.

Legal basis:

Article 16 of the Social Insurance Law of People's Republic of China (PRC) stipulates that individuals who have participated 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.