20 16 how to calculate the social security salary?

At present, the basic pension for retired workers is calculated as follows:

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

1, the basic pension = the average monthly salary of local employees in the previous year+the average monthly payment salary of myself) /2 × payment period ×1%;

2, personal account pension = personal account balance/number of months;

3. Transitional pension. The insured who took part in the work before the implementation of Guofa [1997] No.26 document and retired after the implementation of Guofa [2005] No.38 document belongs 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 is calculated according to the provisions of provinces, municipalities directly under the central government and autonomous regions.

Take Sichuan Province as an example: transitional pension = (average monthly salary of employees in the whole province in the previous year+average monthly payment salary of myself at the time of retirement) ÷ 2×199565438+February 3 1, and accumulated payment years before the establishment of individual account × 1.3% (calculation coefficient).