Shanghai retirement wage calculation formula

Legal analysis: the payment period reaches 15, and the basic pension consists of two parts: the basic pension and the personal account pension. The monthly standard of basic pension is: based on the average monthly salary of employees in the whole city in the previous year and the average indexed monthly salary when I apply for basic pension, it will be paid every 1 year 1%. After one year, the remaining months will be paid at 0.083% per month. Calculation formula: basic pension = (the average monthly salary of employees in the whole city in the last year+the average monthly payment salary when applying for basic pension) ÷2× (payment period × 1%+ remaining payment months ×0.083%) The monthly standard of personal account pension is: the amount of personal account (excluding the amount of "false account" and its interest) divided by the country (territory).

Legal basis: Article 45 of the Constitution of People's Republic of China (PRC) stipulates that People's Republic of China (PRC) citizens have the right to receive material assistance from the state and society in case of old age, illness or incapacity to work. The state develops social insurance, social relief and medical and health services that citizens need to enjoy these rights. The state and society guarantee the life of disabled soldiers, provide pensions for the families of martyrs and give preferential treatment to the families of soldiers. The state and society help arrange the work, life and education of blind, deaf, dumb and other disabled citizens.

Article 72 of the Labor Law of People's Republic of China (PRC) determines the sources of social insurance funds according to the types of insurance, and gradually implements social co-ordination. Employers and workers must participate in social insurance and pay social insurance premiums according to law.

skill

The above answer is only for the current information combined with my understanding of the law, please refer carefully!

If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.