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15 social security retirement salary
Retirees' pensions are mainly composed of personal account pensions and basic pensions (transitional pensions of some people are not considered here), and the calculation formulas of personal account pensions and basic pensions are unified, as follows:
Retiree pension = personal account pension+basic pension;
Personal account pension = personal account pension savings (including interest) at retirement ÷ calculation months, corresponding calculation months for 50-year-old retirement 195, corresponding to 55-year-old retirement 170, corresponding to 60-year-old retirement139;
Basic pension = local average social wage in the previous year at the time of retirement ×( 1+ my average contribution index) ÷2× payment period × 1%.
As can be seen from the above formula, to calculate the monthly pension after retirement, it is necessary to refer to many factors such as the balance of individual pension insurance account, retirement age, payment grade, average salary of local society and so on.
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