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What will happen if the social security in Hangzhou is transferred to Jiangxi for work reasons?
The average social wage and social security payment base in the two places are different, so the social security fees to be paid will be different, and the pensions received after retirement will be different.
The measurement method of retirees' pension includes three parts; Basic pension, transitional pension, personal account pension. The measurement formula is: basic pension = (average monthly salary of employees in the whole province last year × average monthly payment index of employees in the whole province last year) ÷2× payment period × 1%. Transitional pension = the average monthly salary of employees in the whole province last year × my average monthly payment index × deemed payment period × 1.2%. Personal account pension = personal account storage amount ÷ payment months.
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