Calculation method of transitional pension in government agencies and institutions

The calculation method of transitional pension in institutions includes:

Indexing the average monthly payment salary and enjoyment ratio, there are corresponding payment schemes and calculation methods according to different regions. Although the Social Insurance Law does not stipulate transitional pension, it is a temporary measure under certain conditions and will not be stipulated in the new law. Our country's laws protect workers' rights and interests in providing for the aged, and only workers who have paid social security 15 years or more can enjoy the old-age security.

Transitional pension = my indexed monthly average payment salary × deemed payment period × those who worked before the implementation of the Decision of the State Council on Establishing a Unified Basic Old-age Insurance System for Enterprise Employees and retired after the implementation of the Decision of the State Council on Perfecting the Basic Old-age Insurance System for Enterprise Employees, and whose payment period has accumulated to 15, can also receive transitional pension on the basis of receiving basic pension (now called overall pension) and personal account pension.

First, the calculation method of transitional pension

Calculate the indexed monthly average payment salary.

1. Calculate the monthly payment index: take the monthly payment salary of employees from work to retirement and divide it by the average monthly salary of employees in this city in that year.

2. Calculate the average payment index: add up the monthly payment indexes of employees' payment years from work to retirement, and divide them by the number of months of their payment years to get the average payment index.

3. Calculate the indexed monthly average payment salary: multiply the average payment index by the average monthly salary of employees in this city in the previous year at the time of retirement to get the indexed monthly average payment salary.

Second, the proportion of transitional pensions.

1If the payment period before July 1992 is less than 25 years, the enjoyment ratio is1payment period before July 1992 ×1payment period before July 1992 is more than 25 years, and the enjoyment ratio is 30% (1payment period before July 1992 is-25 )×/kl.

Three, the calculation formula of transitional pension

Transitional pension = indexed monthly average payment salary ×R× my payment period before the critical point of middleman.

Where: r is the calculation coefficient, and its value is between 1%-0%, which is determined after calculation in various places;

Indexed monthly average payment salary = average salary of local employees in the previous year when middle-aged people retire × average index of my payment salary.

My years of payment before the critical point of people, for areas where measures 1 and 3 have been implemented before the unified system, my years of payment are the years before the implementation of overall accounts and the establishment of personal accounts in this area (including deemed years of payment); In the area where the second method was originally implemented, my payment period is the period before the implementation of the unified system (including the deemed payment period).

The basic pension stipulated in the Social Insurance Law only includes overall pension and personal account pension. According to the relevant documents of the State Council, there is a so-called "transitional pension" in practice. There is no provision in the Social Insurance Law, but this is not the omission of legislators, but because the transitional pension, as its name implies, is not the normal state of basic pension, it is only a product under certain historical background conditions, and will eventually stop being issued in the future. Therefore, there is no need to make provisions in the new law. According to the relevant documents of the State Council, those who took part in the work before the implementation of the Decision of the State Council on Establishing a Unified Basic Old-age Insurance System for Enterprise Employees, and retired after the implementation of the Decision of the State Council on Improving the Basic Old-age Insurance System for Enterprise Employees, whose cumulative payment period exceeds 15 years, can also receive transitional pensions on the basis of receiving basic pensions (now called overall pensions) and personal account pensions. The transitional pension is paid from the social pooling fund, and its payment level is determined by the provincial governments in accordance with the principle of reasonable convergence of treatment levels and smooth transition of old and new policies, and reported to the former Ministry of Labor and Social Security and the Ministry of Finance for the record. In practice, provincial governments have formulated corresponding payment schemes and calculation methods according to their own conditions, with little difference in general.

In China, relevant workers are protected by Chinese laws, and the state issues relevant pensions to relevant retirees to ensure the livelihood of relevant workers. If the workers concerned have not reached the retirement age, the workers who have paid social security 15 years or more will be given relevant pensions to protect their legitimate rights and interests and social welfare.

The standards and application conditions of transitional pension in government agencies and institutions refer to a system that provides certain economic security to ensure the stability of retirees' lives during their work in government agencies and institutions. According to the relevant regulations, the payment standard of transitional pension for government agencies and institutions is mainly calculated according to factors such as personal length of service, salary level and post at retirement. The application conditions include age requirements, working years requirements, retirement procedures and preparation of relevant materials. To apply for transitional pension, you need to provide relevant supporting documents, such as labor contract, payroll, retirement certificate, etc. The specific payment standards and application conditions may be different according to different regions and units. It is recommended that individuals consult the personnel department of their unit or relevant institutions before retirement to understand the specific policies and processes.

Legal basis:

Social Insurance Law of People's Republic of China (PRC) (revised 20 18);

Chapter X Supervision of Social Insurance Article 83 If an employer or individual thinks that the behavior of a social insurance fee collection agency infringes upon its lawful rights and interests, it may apply for administrative reconsideration or bring an administrative lawsuit according to law. The employing unit or individual may apply for administrative reconsideration or bring an administrative lawsuit against the social insurance agency for failing to register social insurance, verify social insurance premiums, pay social insurance benefits, handle social insurance transfer and connection procedures or infringe upon other social insurance rights and interests according to law. Individuals and employers who have social insurance disputes may apply for mediation, arbitration and bring a lawsuit according to law. If an employer infringes upon an individual's social insurance rights and interests, the individual may also request the social insurance administrative department or the social insurance premium collection agency to deal with it according to law.