How much can the old-age insurance receive in a month?

It is understood that at least 120 yuan per month. The basic pension is increased month by month for each year of payment. Old-age insurance for residents in 2 yuan consists of basic pension and personal account pension, which is paid for life. The monthly standard of basic pension is 120 yuan.

Social security pension = basic pension+personal account pension, depending on the payment base. Reach the retirement age stipulated by the state, and the accumulated payment period exceeds 15 years.

Monthly payment: basic pension = (the average monthly salary of employees in the province in the previous year ×a+ my average monthly payment salary) ÷2× payment period (including deemed payment period) ×1%; Personal account pension = personal account storage amount ÷ personal account pension calculation and payment months; The sum of the above two items is the monthly payment. Note: The basic pension is adjusted in July every year according to the unified plan announced by the whole province.

What is a pension?

Pension, also known as pension and retirement fee, is the most important social pension insurance treatment. That is to say, according to the relevant national documents, the monthly or lump-sum payment of insurance benefits in the form of money is the need to benefit the society and is mainly used to ensure the basic living needs of employees after retirement according to their contributions to society and their qualifications or retirement conditions. Pensions are accumulated and operated in accordance with the principle of common accumulation by the state, the collective and the individual. When people are in their prime of life, part of the wealth created is invested in pension plans to ensure a sense of security in their later years.

Enjoy pension benefits, at least need to meet one of the following conditions:

1, when these measures are implemented, people over 60 years old;

Urban residents aged 60 and above who have moved from other places to this city for two years can receive pensions according to the provisions of the Measures.

2, the implementation of these measures, people over the age of 45 pay the annual fee until they reach the age of 60 (including overdue);

3. When these Measures are implemented, persons under the age of 45 shall pay the annual fee, with the payment period of 15 years (including overdue payment) and at least 60 years old.

Over 60 years old

You can get a pension without paying fees.

After the implementation of the Measures, people over the age of 60 will no longer pay fees, and the monthly pension will be 120 yuan.

According to the payment period 15, the monthly basic pension is 120 yuan, and the minimum payment in 200 yuan is 3,000 yuan per year. The total financial subsidy is 900 yuan, and the monthly pension standard is 154.38 yuan.

According to the payment period 15, the monthly basic pension 120 yuan, and the highest grade payment of 2,000 yuan per year, the total personal contribution is 30,000 yuan, the total financial subsidy is 1500 yuan, and the monthly pension standard is 397.69 yuan.

Legal basis:

Social insurance law

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.

Article 17

If an individual who participates in the basic old-age insurance dies due to illness or non-work, his survivors can receive funeral grants and pensions; Persons who have completely lost their ability to work due to illness or non-work-related disability before reaching the statutory retirement age can receive disability allowance. The required funds are paid from the basic old-age insurance fund.