Shanghai social security pension how to calculate

Expressed in terms of the formula: individual monthly social security pension = 20% of the average monthly salary of Shanghai workers in the previous year

Personal account pension (personal monthly pension contributions enterprises for employees to pay pensions transferred to the personal account part of the rolled over interest)/120.

Which is, the basic pension part of the city's average salary related to the level of income of the individual has nothing to do with the level of personal income.

The personal account portion, including the individual's monthly pension contribution and the enterprise for the employee's pension transferred to the personal account portion. However, because the proportion of the enterprise's contribution to the employee's pension transferred to the personal account portion is declining year by year, it is said that the personal account portion is mainly dependent on the accumulation of the individual's monthly contribution.

Enterprise retirees

①First a uniform increase of 80 yuan

②According to my contributions (including deemed contributions) increased by 2.5 yuan for each full year

③To my basic pension in December 2018 as the basis for an increase of 2.5%.

Organizational and institutional retirees

①First a uniform increase of 80 yuan

②Then a 4.5% increase in accordance with the average pension of similar personnel.

Note: Among the above retirees, those who are 60 years old for women and 65 years old for men by the end of December 2018 will be increased by another 20 yuan per month.

At the same time, the city will also increase pensions by 130 yuan per person per month for those who received monthly pensions under the "town insurance" regulations before the end of 2018. For those who received monthly pensions under the urban and rural residents' pension insurance before the end of 2018, the basic pension will be increased by 90 yuan per person per month, and the basic pension standard for urban and rural residents' pension insurance will be 750 yuan per person per month after the pension adjustment.

Distribution time: the pensions of the above categories of people have been increased since January this year and will be distributed to the accounts of pensioners on June 15 through the relevant banks and post offices.

The Municipal Human Resource and Social Security Bureau reminds: in order to facilitate retirees to receive their pensions, retirees are requested to avoid going to banks and post offices during peak hours, and try to receive their pensions through self-service equipments such as bank ATMs. Citizens in need of advice, you can call the Shanghai Municipal Bureau of Human Resources and Social Security advisory phone 12333.

For the Shanghai Municipal Retirement Social Security how to calculate, first of all, the basic pension, this is with the individual's salary more than anything else does not have any relationship with the Shanghai Municipality of the average wage is related to the average wage of 20%, and then is the personal pension, is the individual and the unit of the pension paid each month, according to the rollover of the pension paid, and the average wage is 20%. According to the roll over of the pension and interest to calculate.