What is the difference between the pension and salary after retirement

The difference between pension and salary after retirement is as follows:

1, the source is different: the pension mainly comes from the social insurance fund paid by individuals and units, while the salary is paid by the unit of labor remuneration during the period of employment;

2, the nature is different: the pension is a long-term security of the employee to protect the basic needs of life after retirement, the salary is the employee provides the unit of labor remuneration;

3, the conditions for receiving different: pension need to meet the legal retirement age and minimum contribution limit and other conditions.

3, different conditions: the receipt of pension needs to meet the legal retirement age and minimum contribution period and other conditions, the payment of wages is based on the performance of the employee and the unit's pay system;

4, different ways of calculating: the calculation of pension is usually based on the number of years of personal contributions, the contribution base and the local average social wage and other factors. The salary is determined on the basis of the position, nature of work, performance and other factors.

The calculation of pension:

1. Personal account pension: calculated according to the accumulated savings in personal account and the expected number of months to receive;

2. Basic pension: usually determined according to the standards set by the local social security bureaus;

3. Transitional pension: a temporary pension set up by some regions to balance the treatment of retirees in different generations;

4.

4. Supplementary corporate pensions: additional retirement benefits provided by companies according to their own circumstances and employee agreements.

In summary, the difference between pensions and wages issued after retirement lies in the differences in sources, nature, conditions for receiving and calculation methods.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 15

The basic pension consists of a coordinated pension and a personal account pension. The basic pension is determined on the basis of the individual's accumulated years of contribution, the contribution wage, the average wage of local employees, the amount of the individual account, and the average life expectancy of the urban population.