How is a Liaoning retiree's pension calculated? In two steps, one case makes it clear

I'll describe how the Liaoning enterprise retiree pension is calculated.

Two conditions are required for enterprise retirement: the legal retirement age (60 years old for men, 50 years old for women workers, 55 years old for women cadres), and the minimum number of years of social security contributions of 15 years. Both must be satisfied at the same time. Retirement in the same month, the next month to receive a pension.

If you want to know how much the Liaoning enterprise retirement pension is, you need to master the calculation method and formula of the pension.

The first step is to be clear about the retiree's first participation time, the first participation time is different, the composition of the pension is different.

The first time to participate in the insurance time is very important, because the first time to participate in the insurance time is different, there are differences in the calculation of the pension. In Liaoning, the first time in January 1, 1996 (including) after the enterprise workers, the basic retirement pension, including the basic pension and personal account pension; the first time in January 1, 1996 (excluding) before the retirement pension in addition to the above two kinds of pension, and then add an additional transitional pension.

The second step, the calculation method and formula of the pension

Understanding the basic composition of the pension, let's talk about the specific formula of the Liaoning pension is how.

1, the basic pension

The basic pension = retirement year Liaoning pension calculation base? (1 + my average contribution wage index)?2?Accumulated contribution years (including the deemed contribution years)? The proportion of 1% is calculated.

(1) Pension calculation base:

Pension calculation base is the data published by Liaoning Department of Human Resources and Social Security. 2021, Liaoning Province, the pension calculation base is 6340 yuan per month (excluding Shenyang City, Dalian City, Shenyang City, the monthly calculation base is 7530 yuan, Dalian City, the monthly calculation base is 8038 yuan).

(2) the average contribution index:

The average contribution index refers to the average value of the actual contribution index from July 1992 to the time of my retirement.

First of all, according to my actual contributions over the years divided by the corresponding calendar year enterprise employees pension insurance contribution salary to calculate the current year's contribution index, the contribution index over the years after the calculation of the sum of the average.

For example, if the sum of the contribution indexes of 21 years is 26, then the average contribution index of the person is 1.2381.