How much can Jiaxing social security get one month after retirement?

How much money Jiaxing social security can get one month after retirement needs to be determined according to Jiaxing's local old-age insurance calculation method and individual payment.

The monthly pension after retirement consists of basic pension and personal account pension. The calculation formula of the basic pension is: (the average monthly salary of employees in the previous year plus my average monthly payment salary) divided by 2 times the payment period multiplied by 1%. Personal account pension is the amount of personal account storage divided by the number of months of personal account pension. Jiaxing's specific pension standards and calculation methods may be different, so the specific amount needs to be calculated in combination with local regulations and personal payment records. Because many variables are involved, including payment years, payment base and average social wage, only by mastering these specific data can we accurately calculate the monthly pension amount after retirement.

Calculation method of social security:

1, payment period: the longer the payment period of the insured, the more pensions they usually receive;

2. payment base: the payment base of the insured will affect the calculation of pension, and the base is usually linked to personal salary;

3. Cumulative amount of personal account: Cumulative amount of personal account is an important factor in calculating pension;

4. Regional pension standards: different pension calculation and payment standards in different regions will affect the final pension amount;

5. Replacement rate: refers to the proportion of pension to the average salary of the insured during his working period. Different regions have different replacement rate standards.

To sum up, how much money Jiaxing social security can get one month after retirement needs to be determined according to the local pension insurance plan and individual payment, including basic pension and personal account pension. The specific amount needs to be calculated in combination with local regulations and individual payment records, involving multiple variables. Only by mastering these specific data can we accurately calculate the monthly pension amount after retirement.

Legal basis:

People's Republic of China (PRC) 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.