Calculation method of retirement pension in Chengdu

Chengdu residents' retirement pension is calculated according to the payment period, payment base, personal account accumulation and other factors. The payment standard of retirement pension will also be adjusted with the change of policy.

The calculation method of retirement pension in Chengdu mainly involves three aspects: payment period, payment base and personal account accumulation. Specifically, the longer the payment period, the more pensions stored in personal accounts; The higher the payment base, the higher the corresponding pension level; The amount of an individual account depends on the individual's contribution and annual interest rate. In addition, the payment standard of retirement pension will be adjusted with the change of policy. For example, Chengdu recently put forward the policy of "quota supplementary pension" to provide retirees with "one-time quota instead of pension" and improve welfare benefits. It should be noted that the calculation method and payment standard of retirement pension may be different due to the policy changes in different periods, and the specific calculation method needs to refer to the policy provisions at that time.

Besides retirement, what other pension-related welfare policies are there in Chengdu? In addition to retirement pensions, Chengdu has also introduced a series of welfare policies related to pensions. For example, the implementation of the social security payment policy for flexible employees enables flexible employees to enjoy corresponding social security; Grant "extended nursing service" subsidies to the elderly left behind in rural areas to help them solve problems such as diet and daily life; Introduce the card of culture, sports and entertainment for the elderly to provide more cultural and entertainment resources for the elderly. These policies are aimed at improving the quality of life and welfare of the elderly and enhancing their sense of acquisition and happiness.

The calculation method of retirement pension in Chengdu involves many factors, including payment period, payment base, personal account storage, etc. In addition, the government has also issued a number of welfare policies related to pensions, aiming at improving the living standards and welfare benefits of the elderly.

Legal basis:

Article 15 of the Social Insurance Law of People's Republic of China (PRC) stipulates that endowment insurance consists of overall pension and individual account pension. The basic pension is determined according to factors such as individual cumulative payment years, payment wages, average salary of local employees, personal account amount, average life expectancy of urban population, etc.