Is the social security expenditure in Gongzhuling City, Jilin Province using the new method or the old method?

The difference between the old and new social security methods. The new pension calculation method is quite different from the old one.

In the past, the old retirement benefits were determined according to the length of service when employees retired. The plan and payment ratio are multiplied by my basic salary, plus the local living allowance standard determined by my post level when I retire.

In order to ensure the smooth transition of retirement benefits, the state stipulates that the transition period is 10 year. Comparison of retirement benefits between old and new methods in transition period. If the old method of retirement benefits is high, pensions should be issued according to the old method of retirement benefits; If the retirement benefits of the new method are high, on the basis of the retirement benefits of the old method, some cases where the new method is higher than the old method will be issued. The specific proportion is from 10% in 2065, 438+00% in 2004 to 18% in 2005, 20% in 2065, 30% in 438+06, 438+07, and so on.