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Calculation method of social security pension in Wuxi city

Legal subjectivity:

The calculation method of social security pension is: 1, and the basic pension is equal to the average monthly salary of employees in the previous year at the time of retirement ×( 1+ my average payment index) ÷2× payment years ×1%; 2. Personal account pension is equal to the balance of personal account at retirement divided by the number of months determined by retirement age.