How much can the minimum social security get every month after retirement?

The minimum standard of social security monthly pension is 1239 yuan.

The specific amount of social security pension is determined according to the individual social security payment period, payment base and local social security policy. In some areas, the pension ratio may be higher,

Calculation method of pension:

1, payment period:

Insured persons who meet one of the following conditions may apply for a monthly basic pension.

1 July, 9981After joining the basic old-age insurance and reaching the retirement age stipulated by the state, the cumulative payment period, including the deemed payment period, is the same as 15.

1participate in the basic old-age insurance before June 30, 998, reach the retirement age stipulated by the state before June 30, 20 18, and the accumulated payment period expires 10.

1participated in the basic old-age insurance before June 30, 1998, reached the retirement age stipulated by the state after July 30, 20 18, and the accumulated payment period reached 15 years.

/kloc-0 should have participated in the basic old-age insurance before June 30, 1998, and should have gone through supplementary insurance procedures after July 1 year, reaching the retirement age stipulated by the state, and the accumulated payment period is over 15 years.

2. Monthly collection:

The basic pension is equal to the average monthly salary of employees in the province in the previous year multiplied by a plus my indexed average monthly payment salary divided by 2 and multiplied by the payment period including deemed payment period multiplied by 1%.

Personal account pension is equal to the amount of personal account storage divided by the number of months of personal account pension.

The sum of the above two items is the monthly payment.

To sum up, you can choose to pay social security in these areas. Enterprise annuity is a kind of old-age security provided by enterprises for employees, which can be used as a supplement to social security pension. Social security pension is an important way of retirement security. Understanding the relevant policies and calculation methods of social security pension can help us plan our retirement life better.

Legal basis:

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

Article 11

The basic old-age insurance combines social pooling with individual accounts.

The basic old-age insurance fund consists of employers, individual contributions and government subsidies.

Article 15

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 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis. Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.