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Pension calculation formula
The standard calculation formula of pension payment is: monthly basic pension = basic pension+personal account pension.
Among them, the basic pension = (last year's average monthly salary of employees in the province+my average monthly payment salary) /2* payment period * 1%= last year's average monthly salary of employees in the province (1+ my average monthly payment index) /2* payment period *1%; Personal account pension = total amount stored in personal account/calculation months. My indexed monthly average payment salary = last year's average monthly salary of employees in the province × my average payment index.
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