How to get social security after retirement?

Retirement pension = basic pension+personal account pension

1. basic pension = (average monthly salary of employees in the overall planning area in the previous year+average monthly salary of myself when retiring) ÷2 × payment period × 1%.

These include:

My indexed average monthly salary = the average monthly salary of employees in the previous year when I retired × my contribution wage index.

My contribution wage index is the average of the ratio of your contribution base to social wages over the years. Let A be the base of payment over the years, A be the social wage of the previous year, and the payment period is n, then the index is (a1/a1+a2/a2+……+an/an) ÷ n.

2. Personal account pension = the amount of personal account storage at retirement, the number of months.

Counting months is related to retirement age, which is 55, 60 and 65 years old, and counting months is 170, 139 and10/month respectively. The number of months calculated is only used as the calculation basis. Even if your actual living age exceeds the calculated number of months, the pension will continue to be paid according to the standard.

According to this formula, if you want to get more social security pension, you can increase the payment period and increase the payment base.

Fourth, the example of social security pension collection.

(It doesn't matter if you don't understand the above formula, you can skip this part and go directly to the final simple algorithm. )

The cases here are all based on the current social security policy and calculated under certain assumptions. The main purpose is to help you understand the above formula for reference only. Changes in actual policies and differences in local policies may lead to differences in calculation methods and results, which are hereby explained.

Hypothetical conditions:

① Average annual growth rate of social wages: 3%

② Annual average rate of return of individual pension account: 4%

1, urban white-collar social security pension collection example

Ms Han Meimei, 40, works in a private enterprise. She started working at the age of 25 and participated in social security. At that time, the local average monthly salary was 2000 yuan, and she has been paying social security according to the local average salary (so the wage index is 1). If Ms. Han Meimei plans to retire at the age of 60, how much pension will she receive every month when she retires? (This is a retirement pension, and the later pension will be adjusted according to policies and social wages. )

Average monthly salary of the previous year at the time of retirement: 2000× 1 2× (1+3%) 35 ÷12 ≈ 5628 yuan Individual contribution wage index:1accumulated amount of individual pension account: about 2 1 10,000 yuan (. Family pension: 210000 ÷139 ≈151Yuan His retirement pension =1970+151/kloc-.

2, the example of self-employed social security pension

Mr. Li Lei, 45, started his own grocery store and never bought social security before. This year, we began to pay 200% of the local average wage last year (the average monthly wage last year was 5,000 yuan). If Li Lei stops paying pension insurance after 15 and retires at the age of 60, how much pension can he receive when he retires?

When retiring, the average monthly salary of the previous year: 5000×12× (1+3%)15 ÷127790 yuan. Personal contribution wage index: 2 personal pension accounts: about 230,000 yuan (including interest). Basic pension: (777)

Pension at retirement = 1753+ 1655=3408 yuan.

Special note: once again, the above calculations are based on the above assumptions, but the actual economic development is difficult to predict, so the final amount received is based on the actual economic data. Here is mainly to help you understand the calculation method of pension amount.