How to calculate Chengdu retirement social security?

At present, the calculation method of basic pension for retired workers in Sichuan Province is as follows:

Basic pension = basic pension+personal account pension+transitional pension:

1, basic pension

Basic pension refers to the pension paid to retirees from the basic old-age insurance pooling fund. The monthly standard of basic pension at retirement is based on the average monthly salary of local employees in the previous year and my indexed monthly salary, and the payment is paid to 1% every1year.

Basic pension = (average monthly salary of employees in the last year in the overall planning area+average monthly salary of myself) /2 × payment period ×1%;

Index average monthly salary = average payment index × average monthly salary of employees in the previous year when they retire as a whole;

Average payment index = annual payment index/payment period;

Payment wage index = payment wage in the current year/average monthly wage of employees in the last year as a whole.

2. Personal account pension

Personal account pension refers to the pension calculated according to the personal account storage of basic old-age insurance when the insured retires. Personal account pension = personal account storage amount ÷ months. The calculated number of months does not refer to the number of months that retirees actually receive the basic pension (because it is unpredictable when they retire), but a hypothetical indicator calculated according to factors such as the average life expectancy of urban population.

Personal account pension = personal account storage balance/months;

3. Transitional pension

The insured who took part in the work before the implementation of Document No.26 [1997] and retired after the implementation of Document No.38 in 2005 belong to "middle people". Due to the accumulation of personal accounts in the past, if the accumulated payment period is 15 years, a transitional pension will be given on the basis of basic pension and personal account pension after retirement.

Transitional pension = (at the time of retirement, the average monthly salary of employees in the province in the previous year+the average monthly payment salary of myself) ÷ 2×199565438+February 3 1, and the cumulative payment period without personal account before × 1.3% (calculation coefficient).