What is the average pension for Americans?

At present, the highest pension in the United States is $2,605 per month, and the average social security payment received by Americans (2065,438+March 2008) is 1 185 (this includes all social security recipients, most of whom are retirees, and their average pension is 1298). If you retire early, you can get it at the earliest age of 62, but it is only 75% of the full amount, and it will drop to 70% in the future. Delayed retirement will be rewarded and pensions will go up.

American pensions How to calculate American pensions is as follows:

1. Take the highest total annual income of 35 years (after deducting inflation, earning 50,000 in 1980 is certainly much more than earning 50,000 in 20 10, and the Social Security Bureau has an annual inflation coefficient, which is finally converted into present value). If you have not worked for 35 years, take the income of all working years;

2. Divide the total income by 35 and then by 12 to get the average monthly income;

3. Calculate the pension of normal retirement age (taking 20 18 as an example): the first 767 is converted into 90%, the interval from 767 to 4624 is 32%, and then 15%. For example, if someone's average monthly income is $4,762, his pension is: 767× 0.9+(4624-767 )× 0.32+(4762-4624 )× 0.15 =1945.

Social Security Retirement Benefits in America

Ordinary Americans' pensions are social security retirement benefits, and they also have to pay social security taxes at ordinary times. Individuals pay 6.2% of their income, and companies also pay the same proportion. If you are self-employed, you have to pay 12.40%. The normal retirement age in the United States is now 66, but those born after 1960 are 67. To get a pension, you must accumulate 40 points, one point for every 1 130 income, but at most four points a year, so you must work for at least ten years. If the spouse does not work or does not meet the requirements of working years, he can also receive a small pension. If one spouse dies, the other spouse (who must reach retirement age) and minor children can also enjoy social security.

The dual-track system of American pension

Federal employees and local government employees generally do not participate in social security and have their own pension plans, which generally accumulate 1% to 2% every year according to their working years. Pension is based on the average of the highest income for three or five years multiplied by the accumulated value.

If you have worked for 35 years and accumulated 70%, and the average maximum income is $6,000 per month, then the pension is $4,200, which is much larger than the social security pension. There are more than 20 million government employees in the United States, accounting for 15% of the labor force. In addition, there are many well-paid government employees, resulting in a huge pension gap between the two systems, which has been criticized by public opinion.

In recent years, due to the increasing government pension expenditure, some departments, such as the post office, have abandoned the pension plan and joined the federal social security plan.

Legal basis:

Article 23 of the Measures for the Implementation of the Law on the Protection of the Rights and Interests of Returned Overseas Chinese and Their Families in People's Republic of China (PRC) shall be allowed to leave the country and settle down, and the retirement benefits enjoyed by them in accordance with the provisions of the state shall remain unchanged. The pension can be entrusted to others, but it is necessary to provide my survival certificate issued by the original work unit or the social insurance agency responsible for paying the pension, which is issued by the embassy (consulate) of China in the host country or the notary office of the host country. Returned overseas Chinese and their relatives who have settled abroad and returned to China for medical treatment after retirement shall enjoy corresponding medical treatment in accordance with relevant local regulations. Workers of returned overseas Chinese and their relatives who do not meet the retirement conditions stipulated by the state are allowed to leave the country to settle down, go through the formalities of resignation, dismissal and dissolution of labor relations in accordance with the relevant provisions of the state, enjoy one-time severance payment and related treatment in accordance with the relevant provisions of the state, and have already participated in basic old-age insurance and basic medical insurance, and the social insurance agency will settle the expenses belonging to them in one lump sum in accordance with the relevant provisions of the state, and terminate the relationship between basic old-age insurance and basic medical insurance. Returned overseas Chinese and their relatives are allowed to leave the country to settle down, and those who participate in other social insurances other than those specified in the preceding paragraph before leaving the country shall enjoy corresponding social insurance benefits in accordance with relevant state regulations.