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How much social security should I pay every month after 15?

How much social security should I pay every month after 15?

What are the conditions for receiving a pension? Two conditions:

1. Social security payment 15 years.

Reach retirement age

Pension calculation formula:

Monthly pension = monthly basic pension+monthly personal account pension

Monthly basic pension = (the average monthly salary of all employees in the province in the previous year+my indexed monthly average payment salary) ÷2× payment period × 1%.

Personal account pension = personal account balance ÷ months (50 years old195,55 years old170,60 years old 139).

For example, the average monthly salary of employees in the area next to 202 1 Lao Wang is 5525 yuan. He chose 60% of the local average wage as the payment base, so his first pension was:

Monthly basic pension: (5525+5525× 0.6) ÷ 2×15% = 663 yuan.

Personal account pension: 47736÷ 139=343.42 yuan.

Total: 663 yuan +343.42 yuan = 65438 yuan +0006.42 yuan.

Therefore, the first month's pension of Lao Wang next door is 1006.42 yuan.