Retirement how to calculate the length of service

A, retirement age is calculated by year

Social security calculations of the length of participation in the contribution, the number of years of contributions, etc. are accurate to the month, not the year.

For example, 19.5 years means 19 years and 6 months. It will not be recorded as 19 years nor will it be counted as 20 years.

Retired workers' contribution years are calculated to the month, where the number of months less than one year is expressed as x/12 years. In the calculation of pensions, the calculation of the average contribution wage index is calculated to the month, the number of months of the basic pension less than one year is not counted; transitional pensions are calculated to the month. After retirement, in accordance with national regulations uniform increase in pensions, the number of months of contributions less than one year is generally calculated on a yearly basis.

Two, 2017 retirement seniority wage new regulations

The Ministry of Human Resources and Social Security recently announced that during 2017, 24 provinces and municipalities across the country have raised the minimum wage standard, the first minimum wage in our province is 1,320 yuan, ranked seventh in the 24 provinces and municipalities announced.

In 2017, Beijing, Sichuan, Jiangxi, Shaanxi and other 24 provinces and municipalities have adjusted the minimum wage standard. According to the data after the upward adjustment, the highest monthly minimum wage standard is Shenzhen, at 1500 yuan; the highest hourly minimum wage standard is Beijing, at 15.2 yuan. From December 1 this year, the province again adjusted the province's minimum wage standard, adjusted the minimum wage standard is still divided into four grades, the monthly minimum wage standard of each grade were 1,320 yuan, 1,260 yuan, 1,150 yuan, 1,040 yuan, corresponding to the hourly minimum wage standard of 13 yuan, 12 yuan, 11 yuan, 10 yuan.

Three, the new labor law continuous seniority calculation method

1, continuous calculation method, also known as continuous seniority calculation. For example, an employee from unit A to unit B work, its in A, B two units of work time should be calculated without interruption for continuous service. If an employee is wrongly treated and then reviewed and rehabilitated, the time he was wrongly treated may be calculated as continuous seniority with the time he worked before the wrongful treatment and the time he worked after the rehabilitation.

2. Combined calculation method, also called combined calculation of continuous service. It means that the employee's work experience, generally non-subjective reasons interrupted for a period of time, the interruption of time deductions.

3, working age discount method. Workers engaged in special types of work and special working environment, continuous service can be discounted. For example, underground miners or workers fixed in low-temperature workplaces below 32 degrees Fahrenheit or in high-temperature workplaces above 100 degrees Fahrenheit may be counted as one year and three months for each year of work in such workplaces when calculating their continuous service.