How much can I get for retirement pension insurance every month?

Pension amount: pension = basic pension+personal account pension; Basic pension (average monthly salary of local employees in the previous year when the insured retires+average monthly payment salary of the insured) ÷2× payment period ×1%; Personal account pension = the accumulated amount of personal account when the insured retires. The basic pension consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc. Article 18 The state establishes a normal adjustment mechanism for basic pensions. According to the average wage increase and price increase of employees, the basic old-age insurance treatment level will be improved in a timely manner.

Conditions for receiving old-age insurance

1. Continuous payment 15 years;

2. Reach the legal retirement age and go through the retirement formalities.

Retirees who meet the above two points can receive old-age insurance.

How much do you get every month after endowment insurance 15?

Endowment insurance is mainly composed of basic pension and personal account pension. If the payment period is 15 years, then we can calculate according to this period.

1. basic pension = [(the average monthly salary of employees in urban units in the whole region in the previous year when the insured retires+the average monthly payment salary of the insured) ÷2]× payment period × 1%.

2. Personal account pension = personal account storage amount ÷ months.

Suppose Mr. Wang has paid the endowment insurance for 15 years, and the payment base of the endowment insurance is 3,000 yuan at the time of payment and 6,000 yuan at the time of retirement, then the basic pension = 6,000× 20% =1200 yuan, and the personal account pension = (3,000+6,000) ÷ 2× 8% (. After Mr. Wang retires, the personal account pension can receive 64800÷ 120=540 yuan every month. Therefore, the total pension of Mr. Wang Can for one month = 1200+540 yuan = 1740 yuan.

Legal basis:

People's Republic of China (PRC) social insurance law

Tenth employees should participate in the basic old-age insurance, the basic old-age insurance premiums paid by the employer and employees. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.

Eleventh basic old-age insurance to implement the combination of social pooling and individual accounts. The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund. Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

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