How to calculate personal social security in Nanjing

Nanjing basic pension, personal account pension, transitional pension and transitional adjustment fund are calculated according to the following methods:

(1) The monthly standard of basic pension is based on the average monthly salary of local employees in the previous year and my indexed monthly salary, and the payment is paid to 1% every full year. The calculation formula is:

Basic pension = (when the insured retires, the average monthly salary of local employees in the previous year+the average monthly payment salary of the insured) ÷2× payment period × 1%

(two) the monthly standard of personal account pension is the amount stored in personal account divided by the number of months. The calculation formula is:

Personal account pension = the accumulated amount of personal account when the insured retires, and the number of months is calculated.

(3) The monthly standard of transitional pension is based on my indexed monthly average payment salary, and the payment period before "unified account combination" is paid to 1 year .2%. The calculation formula is:

Transitional pension = my indexed monthly average payment salary × payment period before unified account × 1.2%.

When calculating the transitional pension according to the above formula, if the average wage index is lower than 1, it shall be calculated according to 1.

(four) the transitional adjustment fund is based on the current local standards, and retirees from 2006 to 20 14 will pay a certain proportion. After 20 15, the transitional adjustment fund will no longer be issued.

5. If the insured reaches retirement age and the accumulated payment period is less than 15 years, the pension will be settled in one lump sum and the pension insurance relationship will be terminated. The one-time pension amount is calculated according to the following formula:

One-time pension = the accumulated amount of personal account when the insured retires+my indexed monthly average payment salary × payment period.

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