Social security calculation pension formula

The calculation method of social security pension is as follows:

Pension = basic pension+personal account pension

Personal account pension = personal account deposit/calculation months (50 years old 195, 55 years old 170, 60 years old 139)

Basic pension = (average monthly salary of local employees in last year+average monthly payment salary indexed by myself) /2* payment period * 1%= average monthly salary of local employees in last year (1+ average payment index) /2* payment period * 1%.

Note: My indexed average monthly payment salary = the average monthly salary of local employees in the previous year * my average payment index.

As can be seen from the above formula, under the same payment period, the level of basic pension depends on the average payment index of an individual, that is, the historical average of the ratio of his actual payment base to the average social wage. The lower limit is 0.6 and the upper limit is 3. Therefore, in the two kinds of calculation of pension, no matter what the situation, the higher the payment base and the longer the payment period, the higher the pension.

Example calculation

Male, insured at the age of 40, retired at the age of 60, with a monthly salary of 2,000 (a) and 8,000 (b) respectively, and the average social salary in the year of retirement was 4,000.

Calculated according to the new social security pension

Personal account pension = personal account storage amount/calculated months-decrease (the original calculated months are unified as 120).

A: 2000 * 8% *12 * 20/139 = 276-(the husband formula is 320).

B: 4000 * 8% *12 * 20/139 =1105-(the husband formula is 1280).

The denominator of the base is big, the numerator remains the same, and the pension has shrunk; If you want to be a big molecule, you must pay for a long time.

Basic pension = average monthly salary of local employees in the previous year (1+ average payment index) /2* payment period * 1%.

The prescribed coefficient is 0.6-3, which is the average ratio between the actual payment base and the average social wage.

If the coefficient is less than or equal to 1, the pension will shrink.

According to the minimum 0.6, the basic pension =4000*( 1+0.6)/2*20%=640.

-Shrinking (husband's style is 800)

According to 1, the basic pension = 4000 * (1+1)/2 * 20% = 800.

-Even.

According to the maximum of 3, the basic pension = 4000 * (1+3)/2 * 20% =1600.

-Double it.

How to double it without shrinking, or the payment period is long and the actual payment fee is high?

1. The materials to be provided for retirement are as follows:

1, personnel files have deemed payment period or labor contract;

2, "urban workers retirement registration form" in duplicate;

3. The old-age insurance manual and payment list are printed in the service hall on the third floor;

4.3. Original and photocopy of ID card;

5. Three 1 inch bareheaded photos. Within 3 months after receiving the pension, retirees can bring their ID card and a 1 inch bareheaded photo to the social service window on the first floor of the Municipal Social Security Bureau to apply for a retirement certificate and receive the pension.

Two. The differences between individual and unit social security benefits are as follows:

1, retirement pension age difference of female insured: 55 years old for female cadres and 50 years old for female employees; Everyone is 55 years old. The age at which a male insured person receives a pension after retirement is 60 years old, regardless of unit or individual;

2, the unit has unemployment, work injury, maternity insurance benefits; Individuals do not have these three insurance benefits.

In short, the calculation methods of social security pension are divided into overall pension and personal account pension. The former takes the monthly standard of basic pension as the base, and the average monthly salary of local employees in the previous year and my indexed monthly salary as the base, and pays to 1% every1year; The latter is calculated by dividing the amount stored in my personal account by the number of months.

legal ground

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

Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts.

The basic old-age insurance fund consists of employers, individual contributions and government subsidies.