How much can I get for my social security 15 retirement?

In fact, receiving the pension after the social security payment reaches 15 years means that the insured can enjoy the old-age security only after the social security pension payment reaches the minimum payment period of 15 years. The pension we receive after retirement consists of two parts: individual pension and basic pension.

Suppose that the average wage of employees in a certain area last year was 4,000 yuan, the average individual contribution index was 1, and the basic pension that can be received after paying 15 years was (4,000+4,000) ÷ 2×15×1%= 600 yuan. If an employee retires at the age of 60, and the amount in his personal pension account is 600 million yuan at the time of retirement, then the personal pension he can receive is 60000÷ 139=43 1.65 yuan. Then the monthly pension that this employee can receive after retirement is 600+431.65 =1031.65 yuan.

Endowment insurance is compulsory. Even if the payment has reached 15 years, as long as you still have a work unit, then the unit and employees must continue to pay endowment insurance according to law until the employees retire or resign. As can be seen from the above calculation formula of endowment insurance, the pension is related to the payment period. The longer the payment period, the more pension will be received after retirement, because most of the pension insurance expenses for office workers are borne by the unit, and individuals only need to pay a small part of the expenses. Therefore, for office workers, the longer the payment period of endowment insurance, the more cost-effective.

After paying 15 social security, the monthly pension you can receive after retirement is basic pension+personal account pension, depending on the payment base. For example, Mr. Kang, 45, whose monthly income is not stable, chose to pay the lowest level of social security every month. In 20 19, the social wage in Beijing was 7855 yuan. Generally speaking, in endowment insurance, flexible employees need to pay 20%. Only 8% of them can enter the individual pension account, and the remaining 12% will enter the social pooling part. Therefore, we can calculate the pension insurance that Mr. Kang has to pay every month: pension insurance payment =7855*60%*20%=942 yuan, assuming that the average social wage has been rising at a rate of 5%. Then when Mr. Kang retired at the age of 60, he paid a total of 107000 yuan from his personal account.

legal ground

"Decision of the State Council on the Reform of Endowment Insurance System for Staff in Government Offices and Institutions" Article 16 After the implementation of these measures, the staff who participate in the work of government offices and institutions shall go through the retirement formalities in accordance with the provisions and issue basic pensions on a monthly basis. Basic pension consists of basic pension and personal account pension. The monthly standard of basic old-age pension at retirement is based on the average monthly salary of employees in the whole city and the average indexed monthly salary in the previous year, and the payment is paid to 1% every1year. The monthly standard of personal account pension is the amount of personal account storage divided by the number of months of calculation and payment, and the number of months of calculation and payment shall be implemented according to state regulations. Article 16 of the Social Insurance Law of People's Republic of China (PRC) * * * Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid for fifteen years at the statutory retirement age.