How to calculate the retirement social security

Pension base pension + personal account pension. Individual Account Pension Person Account Storage Amount ÷ Number of Credited Months (The number of credited months is determined based on the retirement age and the average life expectancy of the population at the time. The number of accrued months is slightly equal to (the average life expectancy of the population - the retirement age) x 12.

Basic pension province's average monthly salary of on-the-job workers in the previous year + my indexed average monthly contribution salary) ÷ 2 x years of contribution x 1% province's average monthly salary of on-the-job workers in the previous year (1 + my average contribution index) ÷ 2 x years of contribution x 1%

"The Chinese People's **** and the State Social Insurance Law Article 15 The basic pension consists of the coordinated pension and the individual account pension.

The basic pension is determined on the basis of the individual's accumulated years of contribution, the contribution wage, the average wage of local workers, the amount of the individual account, and the average life expectancy of the urban population.

The Social Security Administration's website provides the following method for calculating pensions: According to the regulations, after an employee meets the conditions for receiving pension insurance, the calculation of his or her pension is divided into two parts. One part is the personal account pension, which is calculated by dividing the total amount of the personal account, including the principal and interest, by a factor of 139 for men and 170 for women, to calculate the standard personal account pension that should be received each month. The other part is the basic pension. Generally speaking, according to the correlation between the base of my salary contribution and the local average social salary base to determine the base of the final entitlement, and then after 15 years of contribution, will receive 15% of this base, and on this basis, if an additional year of contribution, will receive one more percentage point. In other words, if you pay 20 years of contributions, you will receive 20%, and if you pay 30 years of contributions, you will receive 30%.